Ambarella Inc Stock Price, News & Analysis

Seeing Machines and Ambarella have announced a strategic collaboration to integrate advanced driver assistance systems (ADAS) with driver and occupant monitoring systems (DMS and OMS). This partnership will leverage Seeing Machines’ industry-leading technology in conjunction with Ambarella's CV2x family of AI perception systems. The solution aims to enhance automotive safety and efficiency through optimized driver monitoring capabilities. This collaboration emphasizes the importance of contextual sensing in vehicle safety, driven by advancements in both companies' technologies.

Ambarella, Inc. (NASDAQ: AMBA) has unveiled its new Artificial Intelligence Image Signal Processor (AISP), enhancing low-light and HDR processing capabilities by up to 100X compared to traditional ISPs. The technology was demonstrated at CES 2022 and will be integrated into the CVflow SoC portfolio, supporting up to 4K resolutions. AISP improves video quality for applications in security and automotive cameras, allowing for clearer identification even in challenging conditions. This innovation aims to reduce costs while increasing performance across various camera systems.

Ambarella (NASDAQ: AMBA) has unveiled its CV3 AI domain controller family at CES, showcasing a significant leap in automotive AI performance. The CV3 delivers up to 500 eTOPS, a 42x increase over previous models, supporting advanced autonomous vehicle software applications with improved CPU performance. This system integrates high-resolution image and radar processing while maintaining power efficiency. It is designed to simplify software development for automakers by providing a unified platform for various vehicle models, allowing for faster feature deployment and over-the-air updates.

Ambarella and Autobrains have partnered to develop advanced driver assistance systems (ADAS) aiming for compliance with future regulations and enhanced automotive safety. Their first joint project features an 8MP front ADAS solution, leveraging Autobrains' self-learning AI technology for superior performance in challenging driving scenarios. The collaboration promises to provide scalable and modular solutions to meet increasing demands for vehicle autonomy. Demonstrations will take place at CES in Las Vegas, showcasing the compact solution's capabilities and low power consumption.

Ambarella, Inc. (NASDAQ: AMBA) announces its Capital Markets Day on January 4, 2022, from 1:00 PM to 4:30 PM (Pacific) at CES 2022 in Las Vegas. This event targets institutional investors and financial analysts, featuring product demonstrations and strategic discussions by senior executives.

In-person attendance is limited and requires registration for confirmation. A live webcast will be available, with a replay accessible for 90 days post-event. Ambarella specializes in AI vision technologies for various applications, enhancing intelligent perception systems.

Ambarella, Inc. (NASDAQ: AMBA) reported a strong financial performance for the third quarter of fiscal 2022, with revenue reaching $92.2 million, marking a 64% increase from the previous year. For the nine months, revenue was $241.6 million, up 50% year-over-year. The company achieved a GAAP net profit of $0.8 million, reversing a $17.1 million loss in Q3 FY2021. Positive non-GAAP metrics included a net income of $22.2 million. Looking ahead, Q4 guidance anticipates revenue between $88.5 million and $91.5 million.

On November 09, 2021, Ambarella, Inc. (Nasdaq: AMBA) announced its upcoming third quarter fiscal year 2022 earnings conference call scheduled for November 30, 2021, at 1:30 p.m. Pacific Time. The earnings release will be issued after the market closes the same day. Participants in the U.S. can join by calling 877-304-8963, while international callers should use 760-666-4834. A webcast of the call will be available on the company's investor relations page.

Ambarella (NASDAQ: AMBA) has successfully completed its acquisition of Oculii Corp for $307.5 million, enhancing its capabilities in AI vision and radar technology. Oculii's software algorithms significantly boost radar resolution and accuracy while expanding Ambarella's market reach into radar perception for automotive and IoT applications. The merger will see Oculii's CEO and CTO join Ambarella's leadership team, fostering integration of camera and radar technologies for improved autonomous systems.

Ambarella (NASDAQ: AMBA) announced its acquisition of Oculii Corporation, enhancing radar perception technology. Oculii's patented adaptive AI software can up to 100X improve the resolution of existing RF radar chips, offering longer range and higher accuracy without the need for costly high-resolution solutions. This transaction broadens Ambarella's market into radar perception for automotive and IoT applications, leveraging synergies with Ambarella's existing CVflow® SoCs. The deal is expected to finalize in Q4 FY2022, subject to customary conditions.