earnings
confidence high
sentiment positive
materiality 0.85
Ambarella Q4 revenue $90.2M, up 45% YoY; non-GAAP EPS $0.45; guides Q1 $88.5-$91.5M
AMBARELLA INC
2022-FY EPS reported
-$0.72
revenue$331,856,000
- Revenue $90.2M in Q4 FY2022, up 45% YoY; FY2022 revenue $331.9M, up 49% YoY.
- GAAP net loss Q4 $9.2M ($0.25 loss per diluted share) vs $12.5M loss YoY; non-GAAP net income $17.9M ($0.45 EPS).
- Computer vision revenue tripled, now over 25% of total revenue; CEO says CV expected to reach 45% of total in FY2023.
- Q1 FY2023 guidance: revenue $88.5-$91.5M, non-GAAP gross margin 63-64%, non-GAAP op expenses $41-$43M.
- Acquired HD radar leader Oculii; first 5nm SoC CV5 expected to generate revenue in FY2023, CV3 to sample.