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Ambarella, Inc. (NASDAQ: AMBA) is a leading developer of low-power, high-definition (HD) and Ultra HD video compression and image processing solutions. The company's innovative products serve a diverse range of high-definition camera applications, including security IP-cameras, sports cameras, wearable cameras, flying cameras, and automotive video camera recorders. Ambarella's state-of-the-art compression chips are also integral to broadcasting TV programs around the globe.
Founded on the principles of cutting-edge technology and efficiency, Ambarella specializes in semiconductor processing solutions for high-definition video capture, sharing, and display. Their solutions are marketed to original design manufacturers (ODMs) and original equipment manufacturers (OEMs), finding applications in broadcast encoders, wearable device cameras, automotive cameras, and security cameras. The company's system-on-a-chip (SoC) designs, built on a proprietary technology platform, are highly adaptable to a range of end-market applications.
Geographically, Ambarella has a significant presence in Taiwan, the Asia Pacific region, Europe, North America, and the United States, deriving a majority of its revenue from Taiwan. The firm recently announced its fourth quarter and full fiscal year 2024 financial results, reporting a revenue of $51.6 million for the quarter and $226.5 million for the fiscal year, indicating a noticeable decline from previous periods. Despite the revenue dip, Ambarella maintains robust gross margins and continues to focus on its edge AI semiconductor products.
Ambarella's products are pivotal in several human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotics applications. The company's low-power SoCs integrate high-resolution video compression, advanced image processing, and powerful deep neural network processing to enable intelligent perception, fusion, and planning.
Recently, Ambarella has been active in forming strategic partnerships to advance its technology and market reach. Notable collaborations include agreements with SANY Group for automated driving solutions, Neusoft Reach for autonomous driving technology, and Leapmotor for intelligent driving systems in the new energy vehicle market. These partnerships underscore Ambarella's commitment to innovation and its strategic focus on expanding its influence in the AI and automotive sectors.
With a clear vision for the future, Ambarella aims to return to revenue growth in fiscal year 2025, leveraging the strength of its AI products and strategic initiatives. The company continues to invest in research and development to drive technological advancements and meet the evolving needs of its customers.
For more information, please visit www.ambarella.com.
LG Electronics and Ambarella announced their partnership to showcase an advanced in-cabin solution at CES 2025. The collaboration integrates Ambarella's CV25 AI system-on-chip into LG's Driver Monitoring System (DMS), which is already in production with a global automotive OEM.
The CV25-powered DMS performs real-time analysis of high-resolution video from in-vehicle cameras, featuring accurate object recognition and high energy efficiency. Using LG's VisionWare software, the system can detect subtle eye and head movements to determine driver distraction or drowsiness, regardless of driver characteristics or accessories worn.
The solution is designed for flexible integration across various vehicle configurations and meets NCAP and GSR standards. Both companies aim to continue their partnership to enhance vehicle safety solutions.
Ambarella (NASDAQ: AMBA) reported Q3 FY2025 financial results with revenue of $82.7 million, up 63% year-over-year. The company posted a GAAP net loss of $24.1 million ($0.58 per share), improving from a $41.7 million loss in the same period last year. Non-GAAP net income was $4.5 million ($0.11 per share). Edge AI revenue represented approximately 70% of total revenue, reaching a record level. For Q4 FY2025, Ambarella expects revenue between $76.0-80.0 million with non-GAAP gross margin of 61.5-63.0%.
Ambarella (NASDAQ: AMBA), an edge AI semiconductor company, has scheduled its third quarter fiscal year 2025 earnings conference call for Tuesday, November 26, 2024, at 1:30 p.m. Pacific Time. The company will release its earnings report after market close on the same day. Participants who wish to ask questions during the call must register in advance to receive dial-in numbers and a PIN. A live webcast and replay of the conference call will be accessible through the company's investor relations website.
Ambarella (NASDAQ: AMBA), an edge AI semiconductor company, has scheduled its third quarter fiscal year 2025 earnings conference call for Tuesday, November 26, 2024, at 1:30 p.m. Pacific Time. The company will release its earnings report after market close on the same day. Participants who wish to ask questions during the call must register in advance to receive dial-in numbers and a PIN. A live webcast and replay will be available on the company's investor relations website.
Ambarella announced that its Oculii™ AI 4D imaging radar technology is deployed in the 2023 and 2024 Lotus Eletre electric hyper-SUV and the 2024 Lotus Emeya fully electric hyper-GT. The technology enhances L2+ semi-autonomous systems, providing ultra-long detection range of over 300 meters and ultra-fine angular resolution of one degree using only six transmit and eight receive antennas on each of the vehicles' two radar modules.
This high-performance radar technology supports features like highway and urban navigation on autopilot (NOA) and automatic emergency braking (AEB). Ambarella's Oculii AI radar algorithms uniquely adapt radar waveforms to the environment, enabling higher resolution with fewer antennas, reducing power consumption and complexity. Lotus is now evaluating Ambarella's centralized radar processing architecture for even greater ADAS and autonomous performance.
Ambarella, Inc. (NASDAQ: AMBA) reported financial results for Q2 FY2025. Revenue was $63.7 million, up 3% year-over-year. GAAP net loss was $34.9 million, or $0.85 per diluted share. Non-GAAP net loss was $5.5 million, or $0.13 per diluted share. Gross margin (GAAP) was 60.8%, while non-GAAP gross margin was 63.3%.
For Q3 FY2025, Ambarella expects revenue between $77.0-$81.0 million and non-GAAP gross margin between 62.5-64.0%. The company achieved record revenue for edge AI inference products and anticipates double-digit sequential growth in Q3. CEO Fermi Wang noted that company-specific drivers are offsetting the mixed global economic environment, with initial revenue ramps from IoT and Automotive customers.
Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, has announced its upcoming second quarter fiscal year 2025 earnings conference call. The call is scheduled for Tuesday, August 27, 2024, at 1:30 p.m. Pacific Time. Ambarella will release its earnings report after the market closes on the same day. Interested participants are required to register online in advance to receive dial-in numbers and a personal identification number (PIN) for call access. A live webcast of the conference call and a replay will be available on the company's investor relations website.
Ambarella (NASDAQ: AMBA) and Plus have announced the availability of PlusVision™, a high-performance transformer-based autonomous driving (AD) perception software stack, on Ambarella's CV3-AD AI domain controller family. This collaboration aims to accelerate the development of L2+/L3 autonomy across vehicle models with uniform perception software.
Key highlights:
- PlusVision combines Plus's L4 perception capabilities with extensive real-world driving data
- The software stack can process 11 cameras simultaneously at 30 fps on a mid-range CV3-AD655 SoC
- Provides over 200 meters of front-camera detection range
- CV3-AD SoCs offer industry-leading AI performance per watt, benefiting electric vehicle battery range
- Optimized for Ambarella's CVflow® AI engine, delivering high performance with low latency and power consumption
Leapmotor and Ambarella have announced a strategic cooperation agreement aimed at enhancing intelligent driving technology for electric vehicles. Leapmotor will integrate Ambarella's CV3-AD automotive AI domain controller SoCs into its new passenger vehicles. These advanced SoCs are built on 5nm technology, support ASIL-B/D safety standards, and provide high-performance AI capabilities with low power consumption. The partnership aims to create superior, affordable intelligent driving experiences globally. Leapmotor's founder highlighted the synergy of technology and intelligence in their products, while Ambarella emphasized the importance of high AI performance and low power consumption in modern electric vehicles.
Ambarella, an edge AI semiconductor company, reported its financial results for Q1 FY2025 ending April 30, 2024. Revenue was $54.5 million, a 12% drop from $62.1 million in Q1 FY2024. GAAP gross margin increased slightly to 60.9%, up from 60.4%. The GAAP net loss widened to $37.9 million, or $0.93 per share, from $35.9 million, or $0.91 per share, a year earlier. On a non-GAAP basis, gross margin was 63.4%, up from 63.1%, and net loss was $10.5 million, or $0.26 per share, compared to $6.0 million, or $0.15 per share, in Q1 FY2024. Ambarella's guidance for Q2 FY2025 forecasts revenue between $60 million and $64 million, and non-GAAP gross margin between 62.5% and 64%.
The company has $203.3 million in cash and marketable securities, down from $219.9 million in the previous quarter and $227.4 million a year ago. CEO Fermi Wang noted early signs of AI inferencing growth at the network edge and several new customer wins in AI applications for EV passenger and commercial vehicles, as well as IoT markets.
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