The Triple Play Report — 6/18/25

Jun 18, 2025

An earnings triple play is a stock that reports earnings and manages to 1) beat analyst EPS estimates, 2) beat analyst sales estimates, and 3) raise forward guidance.  You can read more about “triple plays” at Investopedia.com where they’ve given Bespoke credit for popularizing the term.  We like triple plays as an indication that a company’s business is firing on all cylinders, with better-than-expected results and an improving outlook.  A triple play is indicative of positive “fundamental momentum” instead of pure fundamentals, and there are always plenty of names with both high and low valuations on our quarterly list.

Bespoke’s Triple Play Report highlights companies that have recently reported earnings triple plays, and it features commentary from management on triple-play conference calls, company descriptions and analysis, and price charts.  Bespoke’s Triple Play Report is available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read this week’s Triple Play Report, which features 17 new stocks.  To sign up, choose either the monthly or annual checkout link below:

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Ambarella (AMBA) is an example of a company that recently reported an earnings triple play after the close on 5/29. It was the company’s fifth straight triple play, although the last two have gotten more pushback from investors as the stock most recently sold off 15.1% on 5/30.

Here’s how AI describes the company: Ambarella (AMBA) is a semiconductor company specializing in low-power, high-performance system-on-chips (SoCs) that enable advanced computer vision, edge AI processing, and image signal processing across a range of end markets. Founded in 2004, the company originally gained recognition for powering HD and Ultra HD video in consumer devices such as GoPro cameras and drones, but has since evolved into a critical enabler of intelligent vision applications. Today, Ambarella’s SoCs are widely used in automotive ADAS (Advanced Driver Assistance Systems) and autonomous driving, security cameras, industrial robotics, and other edge AI applications, where real-time object detection, tracking, and semantic segmentation are vital. The company’s edge AI portfolio, including its CVflow® architecture and most recently its AI domain controller solutions, is designed to reduce latency, enhance energy efficiency, and improve inference accuracy by processing data on-device rather than in the cloud. As demand grows for smarter, connected devices in automotive and industrial settings, Ambarella positions itself as a key player in the convergence of AI, vision processing, and embedded systems.

Ambarella reported Q1 revenue of $85.9 million, up 58% YoY, with record edge AI revenue, which now makes up over 75% of total sales. IoT sales rose mid-single digits sequentially, comprising roughly three-quarters of total revenue, while automotive dipped slightly QoQ but grew over 20% YoY. Management raised full-year revenue growth guidance to 19–25% (from 15–19% prior), citing success with its CVflow edge AI SoCs. The earnings call highlighted growing opportunities beyond traditional security cameras into other verticals such as industrial automation, wearables, conferencing, and fleet telematics, as well as growing adoption across global auto OEMs. A major focus is the emerging edge AI infrastructure market, where Ambarella is layering AI capabilities between endpoints and the cloud, supported by its third-gen AI accelerator. Management reaffirmed confidence in second-half growth, despite caution around geopolitical and tariff-related uncertainty.

Looking at the snapshot below from our Earnings Explorer, Ambarella (AMBA) has been on a triple play hot streak, but the stock’s price moves post-earnings have been weaker this year than the previous few reports. Nonetheless, AMBA sports 100% and 88% EPS and revenue beat rates, respectively, over 51 reports going back to 2012. That consistent success over an extended time frame is impressive.

You can read more about AMBA and the 16 other triple plays we covered in our newest report by starting a Bespoke Institutional trial today.

Bespoke Investment Group, LLC believes all information contained in these reports to be accurate, but we do not guarantee its accuracy. None of the information in these reports or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. This is not personalized advice. Investors should do their own research and/or work with an investment professional when making portfolio decisions. As always, past performance of any investment is not a guarantee of future results. Bespoke representatives or clients may have positions in securities discussed or mentioned in its published content.