Ambarella Inc Stock Price, News & Analysis

Ambarella, Inc. (NASDAQ: AMBA) reported financial results for Q2 fiscal 2022, revealing a 58% revenue increase to $79.3 million, up from $50.1 million in Q2 fiscal 2021. For H1, revenue reached $149.5 million, a 43% rise year-over-year. Gross margin improved to 62.3% for both Q2 and H1. Although the company incurred a net loss of $7.2 million (loss per share of $0.20), this is an improvement from a $14.8 million loss in the same quarter last year. Ambarella's Q3 revenue guidance is set between $88.0 million and $92.0 million.

Ambarella announced that the new Yandex SignalQ2 driver monitoring system (DMS) camera utilizes the CV25 SoC. This camera will be deployed in the Yandex.Taxi fleet by 2022 and offered to other delivery companies. It features real-time AI processing to monitor driver identity, attentiveness, and fatigue. The camera's low power consumption and high-performance capabilities facilitate continuous recording and live streaming. Yandex emphasizes safety through this collaboration, highlighting Ambarella's expertise in device development.

Ambarella has partnered with KeepTruckin to integrate its CV22 CVflow® edge AI vision SoC into KeepTruckin's new AI Dashcam. This advanced device features dual cameras for driver monitoring and incident recording, using AI to detect high-risk behavior in real time. The CV22 SoC is designed for efficient image processing with minimal heat dissipation, enabling various ADAS functionalities. It offers capabilities like fatigue detection and traffic violation alerts, enhancing fleet safety and efficiency. The system will allow KeepTruckin to provide over-the-air updates for continuous improvement.

Ambarella (NASDAQ: AMBA) announced its second quarter fiscal year 2022 earnings conference call scheduled for August 31, 2021, at 1:30 p.m. Pacific Time. The earnings release will be issued after market close on the same day. Interested participants in the U.S. can join by calling 877-304-8963, while international participants can dial 760-666-4834. A webcast will also be available on Ambarella's investor relations website. The company focuses on AI vision silicon utilized in various applications such as video security and autonomous driving.

Ambarella has announced that its CV2FS CVflow AI vision processor will power the environmental perception module for Arrival's electric vehicles, particularly the Arrival Bus and Van. This partnership aims to enhance autonomous driving (AD) and advanced driver assistance systems (ADAS) features, such as lane departure warning and traffic light recognition. The integration of Ambarella's technology is expected to improve safety and efficiency in commercial vehicle operations. With a focus on scalable production and sustainability, Arrival looks to transform urban mobility through affordable EV solutions.

Ambarella, Inc. (NASDAQ: AMBA) expands its AI vision SoC portfolio with the introduction of the CV5S and CV52S security families. Utilizing advanced 5nm technology, these SoCs deliver simultaneous 4K encoding and AI processing, leading in performance per watt. The CV5S supports multi-imager systems for extensive coverage, while the CV52S enhances single-sensor cameras with improved AI detection capabilities. The company emphasizes the growing demand for advanced AI in security systems, projecting a $4 billion market by 2025.

Ambarella, Inc. (AMBA) reported Q1 FY2022 revenue of $70.1 million, up 28% from $54.6 million last year. Gross margin improved to 62.4% from 58.6%. Despite a GAAP net loss of $10.8 million ($0.30 per share), non-GAAP net income was $8.9 million ($0.23 per share), compared to $1.3 million a year ago. For Q2 FY2022, revenue guidance is set between $74.0 million and $77.0 million, with expected gross margin between 61.0% and 62.0%. Total cash at the end of the quarter was $435.5 million.

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.