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Date: 04-06-14

2.2% sequential revenue growth for Ambarella

Video processing chip maker Ambarella is doing great in revenue performace, but in the recent quarter the growth is not much. Ambarella has reported a revenue of $40.9 million for the first quarter of fiscal 2015, up 2.2% sequentially quarter over quarter and up 21% from $33.9 million in the same period in fiscal 2014.

Fermi Wang, president and CEO said "We believe the expanding markets for innovative, high definition professional and consumer cameras will continue to give us the opportunity to grow our revenues in the year ahead."

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