earnings
confidence high
sentiment negative
materiality 0.75
Ambarella Q2 FY2023 revenue $80.9M (+2% YoY); GAAP EPS loss $0.62, non-GAAP EPS $0.20
AMBARELLA INC
2023-Q2 EPS reported
-$0.91
revenue$171,189,000
- Revenue $80.9M, up 2% YoY from $79.3M; six-month revenue $171.2M, up 15% YoY.
- GAAP net loss $23.7M ($0.62 loss per share) vs net loss $7.2M ($0.20) a year ago.
- Non-GAAP net income $7.6M ($0.20 EPS), down from $13.1M ($0.35 EPS) in Q2 FY2022.
- Cash & equivalents $197.9M, down from $449.2M a year ago after Oculii acquisition.
- Q3 guidance: revenue $81-85M; non-GAAP gross margin 63-64%; CV5 processor entered mass production.