secwatch.observer — SEC 8-K summary
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Issuer:     AMBARELLA INC (AMBA)
CIK:        0001280263
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001193125-22-057920
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ambarella Q4 revenue $90.2M, up 45% YoY; non-GAAP EPS $0.45; guides Q1 $88.5-$91.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280263/000119312522057920/0001193125-22-057920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280263/000119312522057920/d326446d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-057920

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer