Ambarella reports higher sales and narrower Q2 loss
Ambarella posted a Q2 loss of $6.7 million, or 15 cents a share, vs a $20.0 million, or 47 cents a share, loss in the prior period. The company cited record growth in its edge AI business.
By Katherine HamiltonAmbarella recorded higher sales and a narrower loss in the second quarter, citing record growth in its edge AI business.The maker of semiconductor processors on Thursday posted a loss of $6.7 million, or 15 cents a share, compared with a loss of $20.0 million, or 47 cents a sha…