earnings
confidence high
sentiment positive
materiality 0.85
Ambarella Q2 revenue up 58% YoY to $79.3M; non-GAAP EPS $0.35
AMBARELLA INC
2022-Q2 EPS reported
-$0.50
revenue$149,460,000
- Revenue $79.3M (+58% YoY); GAAP net loss narrowed to $7.2M ($0.20 loss per share) from $14.8M loss.
- Non-GAAP net income $13.1M ($0.35 diluted EPS) vs $2.1M ($0.06) in Q2 last year.
- Non-GAAP gross margin 62.8%; IoT cameras and automotive represent ~90% of total Q2 revenue.
- Q3 guidance: revenue $88-92M, non-GAAP gross margin 61-63%, non-GAAP opex $36-37.5M.
- Board extended $50M share repurchase program to June 30, 2022; $49M remaining, no shares repurchased in Q2.