Ambarella (NASDAQ: AMBA) looked all set to crush Wall Street's expectations going into its fiscal 2022 third-quarter results, and the company didn't disappoint, sparking a terrific surge in its stock price. Share prices of the company, whose computer vision chips are used in automotive and Internet of Things-enabled security cameras, gained more than 13% in aftermarket trading on Tuesday the day its results were released. Let's look at Ambarella's quarterly numbers and see why the stock could soar higher after its latest results.
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