Ambarella's 5 Biggest Post-Earnings Moves

Ambarella Inc AMBA, maker of high-definition and Ultra HD video compression and image processing products, is set to release its quarterly earnings report on Tuesday following the market close. With earnings traders agonizing over which way to play today’s report, Benzinga took a look back at exactly what Ambarella’s stock has done on the day following its past earnings reports.
 

So far, so good
Since Ambarella first went public back in late-2013, it has been a stellar investment for early buyers. Although the stock has a relatively short history, it has already surged nearly 350 percent since its IPO date.

So far, 2015 has been exceptionally good for Amarella shareholders, as the stock has jumped more than 81 percent year-to-date. However, this steep climb has some traders worried about a post-earnings sell-off.

The numbers
Ambarella has certainly seen some volatile reactions to earnings reports in the past. In fact, the stock is averaging a 4.93 percent move on the day following its earnings reports.

Although Ambarella has had some bad post-earnings days in the past, results have generally been good for the stock. Overall, the stock is averaging a 3.11 percent gain on the day following its earnings reports.

More earnings facts
After the company’s first five earnings reports resulted in share price gains on the following day, Ambarella’s recent earnings reports have been more difficult to predict. Share pirces have fallen following two of the last five reports, including a 7.4 percent drop in March of 2014.

Here’s a list of the top five largest moves in Abarella’s stock on the day following earnings:
1. March, 2013 (+13.5 percent)
2. March, 2014 (-7.4 percent)
3. September, 2013 (+8.6 percent)
4. March, 2015 (+7.0 percent)
5. September, 2014 (+3.2 percent)