Ambarella Inc Stock Price, News & Analysis

Ambarella, Lumentum, and ON Semiconductor announced two innovative joint reference designs aimed at enhancing AIoT deployments in biometric access control and intelligent sensing.

The designs leverage Lumentum's VCSEL illuminators and ON Semiconductor's image sensors integrated with Ambarella's AI vision SoC, significantly improving accuracy and decision-making for smart devices.

These designs cater to diverse sectors, including smart cities and healthcare, while reducing power consumption and thermal requirements. Solutions are expected to be available in June.

Ambarella, Inc. (AMBA) announced its first quarter fiscal year 2022 earnings conference call scheduled for June 1, 2021, at 1:30 p.m. PT. The earnings release will be issued after market close on the same day. Participants in the U.S. can join by dialing 877-304-8963 or 760-666-4834 for international calls. Ambarella specializes in AI vision silicon used in various applications like video security and autonomous driving, offering advanced SoCs for high-resolution video processing.

Ambarella, Inc. (NASDAQ: AMBA) announced a partnership with Great Wall Motors (GWM) to launch a camera-based in-cabin sensing system powered by the Ambarella CV25AQ CVflow® AI vision processor. This system is featured in GWM's new WEY Mocha SUV, introduced during Auto Shanghai 2021, and is part of GWM's innovative "Coffee Intelligence" platform. The CV25AQ supports multiple camera channels and meets Euro NCAP 2025 standards, with capabilities to perform reliably under diverse lighting conditions.

Ambarella (AMBA) reported a 9% increase in Q4 FY2021 revenue, totaling $62.1 million, up from $57.2 million YoY. However, the full year's revenue declined 3% to $223 million from $228.7 million. The company posted a GAAP net loss of $12.5 million in Q4, slightly improved from a loss of $13 million last year. Guidance for Q1 FY2022 anticipates revenue between $67 million and $70 million. The company ended Q4 with $440.7 million in cash reserves, an increase from $404.7 million YoY.

Ambarella (Nasdaq: AMBA) has partnered with Motional, a leader in driverless technology, selecting Ambarella’s CVflow® family of AI processors for its autonomous vehicles. These processors will enhance the vehicles' safety and performance by integrating with LiDAR, camera, and radar systems. The collaboration aims to improve complex computer vision tasks and support operations in challenging conditions. Motional's track record includes over 1.5 million miles driven safely, marking a significant step in the commercialization of driverless vehicles.

Ambarella, Inc. (Nasdaq: AMBA) announced its fourth quarter and fiscal year 2021 earnings conference call scheduled for March 2, 2021, at 1:30 p.m. PT. The earnings release will be available post-market close on the same day. Participants can join via U.S. dial-in at 877-304-8963 or international at 760-666-4834. A live webcast will be accessible at Ambarella's investor relations site. The company specializes in AI vision silicon, providing solutions for various applications, including video security and autonomous driving.

Ambarella, Inc. (Nasdaq: AMBA) has launched the CV5, an advanced AI vision processor that supports 8K video recording and can handle multiple 4K streams. The CV5 aims to enhance intelligent automotive, consumer, and robotic cameras by employing the CVflow AI engine and dual Arm® A76 CPUs, with under 2 watts of power consumption. Key applications include advanced driver assistance systems (ADAS) and drone navigation. The hardware supports high-resolution video processing and numerous camera interfaces, making it versatile for various applications.

Ambarella, Inc. (AMBA) reported a third-quarter revenue of $56.1 million for fiscal 2021, down 17.4% year-over-year. For the nine months, revenue totaled $160.8 million, a 6.2% decline. The gross margin improved to 62.0% compared to 57.6%GAAP net loss of $17.1 million, or $0.49 per share, compared to a loss of $4.3 million in Q3 2020. Non-GAAP net income was $3.3 million, down from $11.3 million. The company projects revenue between $56 million and $60 million for Q4.

Ambarella (Nasdaq: AMBA) announced its third quarter fiscal year 2021 earnings conference call scheduled for November 23, 2020, at 1:30 p.m. PT. The earnings release will be issued after market close on the same day. Interested U.S. participants can join by calling 877-304-8963 or international callers at 760-666-4834. A webcast will also be available on Ambarella’s investor relations website.