Ambarella Inc

AMBA

Equity

ISIN KYG037AX1015 / Valor 19685074

NASDAQ (2024-11-08)

USD 61.67+0.36%

Ambarella Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Ambarella Inc. is a company that specializes in providing low-power and high-resolution video compression, image processing, and deep neural network processors and software for various human and computer vision applications. Their products are utilized in video security, advanced driver assistance systems, electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotics applications. Leveraging over 20 years of automotive computer vision research, Ambarella delivers technologies such as ADAS, electronic mirrors, recording, surround view, and autonomous driving solutions to original equipment manufacturers (OEMs) and Tier-1 suppliers globally.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

Ambarella Inc. reported revenue of $54.5 million for the first quarter of fiscal year 2025, which ended on April 30, 2024. This represents a 12% decrease compared to the $62.1 million in revenue for the same period in fiscal year 2024.

Gross Margin

The gross margin under GAAP for Ambarella Inc. in the first quarter of fiscal year 2025 was 60.9%, slightly up from 60.4% in the same quarter of fiscal year 2024. On a non-GAAP basis, the gross margin was 63.4%, compared to 63.1% in the previous year.

Net Loss

Ambarella Inc. reported a GAAP net loss of $37.9 million, or $0.93 per diluted share, for the first quarter of fiscal year 2025. This is an increase from the GAAP net loss of $35.9 million, or $0.91 per diluted share, reported in the same period of fiscal year 2024. On a non-GAAP basis, the net loss was $10.5 million, or $0.26 per diluted share, compared to a non-GAAP net loss of $6.0 million, or $0.15 per diluted share, in the previous year.

Cash Reserves

As of the end of the first quarter of fiscal year 2025, Ambarella Inc. had total cash, cash equivalents, and marketable debt securities amounting to $203.3 million. This is a decrease from $219.9 million at the end of the prior quarter and $227.4 million at the end of the same quarter a year ago.

Future Outlook

For the second quarter of fiscal year 2025, Ambarella Inc. expects revenue to be between $60.0 million and $64.0 million. The company also anticipates a non-GAAP gross margin between 62.5% and 64.0%, and non-GAAP operating expenses between $47.5 million and $49.5 million.

Summarized from source with an LLMView Source

Key figures

24.4%1Y

-69.7%3Y

9.93%5Y

Performance

48.2%1Y

63.3%3Y

61.8%5Y

Volatility