secwatch.observer — SEC 8-K summary
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Issuer:     AMBARELLA INC (AMBA)
CIK:        0001280263
Form:       8-K
Filed at:   2021-08-31T23:59:59+00:00
Accession:  0001193125-21-262078
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ambarella Q2 revenue up 58% YoY to $79.3M; non-GAAP EPS $0.35
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280263/000119312521262078/0001193125-21-262078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280263/000119312521262078/d13663d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-262078

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