The bulk all of Ambarella’s declines last month came on Dec. 2, the day after the company announced that fiscal third-quarter 2016 revenue had climbed 7.8% year over year, to $100.5 million — marking the company’s first-ever $100 million-plus quarter, thanks to strength across its IP security, home monitoring, and automotive markets, as well as a ramp-up from action sports cameras ahead of the holiday seasons — and translated to 4.9% growth in adjusted net income to $38.4 million. Adjusted net income per share also rose 2.8%, to $1.11.