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. develops low-power system-on-chip semiconductors and software for edge AI, computer vision, and video processing applications. News about Ambarella commonly covers earnings releases, product launches, technology briefings, and ecosystem updates tied to its AI SoC portfolio, including vision processors, developer tools, and software used in edge endpoints and edge infrastructure.
Company updates also address use cases across video security, automotive camera systems, ADAS, telematics, driver and cabin monitoring, autonomous and mobile robotics, industrial automation, drones, action cameras, and AIoT devices. Recurring themes include AI performance per watt, on-device perception, sensor fusion, video compression, partner demonstrations, and developer access to Ambarella’s edge AI platform.
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.
Ambarella (Nasdaq: AMBA) has launched the CV28M camera system on chip (SoC), part of its CVflow family, designed for advanced image processing and high-resolution video encoding. The CV28M facilitates smart edge device applications such as security, retail monitoring, and consumer robotics while maintaining data privacy. Its AI architecture allows for intelligent monitoring without reliance on cloud processing. Key features include 4KP30 encoding, advanced cybersecurity measures, and efficient low-light image processing. Samples of the CV28M are available now.
Humanising Autonomy partners with Ambarella (Nasdaq: AMBA) to enhance ADAS and AV systems through advanced human behavior analytics. By integrating Humanising Autonomy's HAxEdge intent prediction engine with Ambarella's CVflow chip technology, the collaboration aims to improve vulnerable road user perception in automotive cameras. The low-power solution supports real-time intent predictions for critical safety functions, including forward collision warnings and automated braking. This partnership is positioned to offer OEMs and device suppliers a rapid deployment of sophisticated safety solutions.
Ambarella, Inc. (NASDAQ: AMBA) reported Q1 fiscal 2021 revenue of $54.6 million, a 16% increase from $47.2 million last year. The gross margin was 58.6%, slightly down from 59.0%. The GAAP net loss was $15.5 million, or $0.45 per share, an improvement from last year's loss of $17.3 million. Non-GAAP net income was $1.3 million, or $0.04 per share. Guidance for Q2 estimates revenue of $50.0 million +/- 6% and a gross margin between 59.0% and 60.5%. Cash reserves totaled $411.3 million.