STOCK TITAN

Ambarella, Inc. - AMBA STOCK NEWS

Welcome to our dedicated page for Ambarella news (Ticker: AMBA), a resource for investors and traders seeking the latest updates and insights on Ambarella stock.

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.6%
Tags
-
Rhea-AI Summary

Ambarella announced its latest AI systems-on-chip (SoCs), the CV75AX and CV72AX, at AutoSens USA. Aimed at in-vehicle fleet telematics systems, these new 5nm SoCs provide enhanced AI performance without fan cooling. The CV75AX offers up to 2x the AI performance of its predecessor and supports front-facing ADAS and DMS, while the CV72AX supports up to 10 cameras and offers 6x AI performance improvements for vision transformers and VLMs. Both SoCs feature Ambarella’s CVflow® 3.0 AI engine, doubled CPU performance, and are built on a 5nm FinFET process. They are also compatible with Ambarella’s Cooper Developer Platform for accelerated development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
AI
Rhea-AI Summary

Ambarella, Inc. will hold its first quarter fiscal year 2025 earnings conference call on May 30, 2024, at 1:30 p.m. (Pacific Time). Earnings release to follow after market close. Registration required to ask questions. Webcast available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
-
Rhea-AI Summary

Neusoft Reach and Ambarella have formed a strategic partnership to advance autonomous driving and intelligent automotive technology. The collaboration aims to leverage the strengths of both companies in areas such as automotive software, AI, and SoC products to drive innovation and market development. Through joint efforts, they have successfully launched products for intelligent driving functions and safety upgrades, with plans for future high-performance AI domain control solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
partnership
-
Rhea-AI Summary
SANY Group, a leading construction machinery manufacturer, signed strategic cooperation agreements to advance into the Industry 4.0 era with a focus on clean energy technologies. Collaborations with Mitsui Sumitomo Group, Panasonic Four-dimensional, and Ambarella aim to drive innovation in battery asset management, new energy-heavy trucks, and intelligent automotive solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
none
Rhea-AI Summary
Ambarella, Inc. unveils the 5nm CV75S family of SoCs with CVflow® 3.0 AI Engine, USB 3.2 Connectivity, and Dual Arm® A76 CPUs at ISC West. The new SoCs offer high performance for security cameras, video conferencing, and robotics, enabling the latest AI technologies for various applications. The CV75S integrates advanced AI-based image processing, supports VLMs and vision transformers, and accelerates time to market with the Cooper™ Developer Platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
AI
-
Rhea-AI Summary
SANY Group and Ambarella Announce Strategic Cooperation for Advanced Mobility Solutions in Commercial Vehicles
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
Tags
none
-
Rhea-AI Summary
Ambarella, Inc. announced its fourth quarter and full year fiscal 2024 financial results, revealing a decrease in revenue compared to the previous year. The company reported a GAAP net loss for the fourth quarter and full fiscal year, with a one-time income tax charge impacting results. On a non-GAAP basis, the company also experienced a net loss for the same periods. Ambarella provided guidance for the first quarter of fiscal year 2025, projecting revenue and gross margin expectations. The company aims to return to revenue growth in fiscal year 2025 and highlighted key achievements in AI product development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
Rhea-AI Summary
Ambarella, Inc. (AMBA) will host its Q4 and FY 2024 earnings conference call on Feb 27th, 2024, at 1:30 p.m. PT. Participants can register online to ask questions. Earnings release will follow after market close. Webcast details available at investor.ambarella.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.72%
Tags

FAQ

What does Ambarella, Inc. specialize in?

Ambarella, Inc. specializes in low-power, high-definition (HD) and Ultra HD video compression and image processing solutions used in a variety of cameras and broadcasting TV programs.

What are some applications of Ambarella's products?

Ambarella's products are used in security IP-cameras, sports cameras, wearable cameras, flying cameras, automotive video camera recorders, and broadcasting TV programs.

Which markets does Ambarella serve?

Ambarella serves markets like security, sports, wearable devices, automotive cameras, and broadcasting, with a significant presence in Taiwan, Asia Pacific, Europe, North America, and the United States.

Who are Ambarella's primary customers?

Ambarella's primary customers are original design manufacturers (ODMs) and original equipment manufacturers (OEMs) who use their semiconductor solutions.

What recent financial performance did Ambarella report?

For the fourth quarter of fiscal 2024, Ambarella reported a revenue of $51.6 million, and for the full fiscal year, a revenue of $226.5 million, reflecting a decline from previous periods.

What strategic partnerships has Ambarella formed recently?

Ambarella has formed strategic partnerships with SANY Group, Neusoft Reach, and Leapmotor to advance automated driving solutions and intelligent vehicle technologies.

What are some key areas of application for Ambarella's AI products?

Key areas include video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving, and robotics.

What is Ambarella's outlook for fiscal year 2025?

Ambarella expects to return to revenue growth in fiscal year 2025, driven by the strength of its AI products and strategic initiatives aimed at normalizing customer inventory levels.

How does Ambarella support technological innovation?

Ambarella supports technological innovation through significant investment in research and development, strategic partnerships, and a focus on AI and image processing advancements.

Where can I find more information about Ambarella?

For more information, please visit Ambarella's official website at www.ambarella.com.

Ambarella, Inc.

Nasdaq:AMBA

AMBA Rankings

AMBA Stock Data

2.33B
40.99M
5.34%
84.72%
5.38%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
SANTA CLARA