secwatch / observer
8-K filed February 28, 2023, 6:59 PM ET ticker AMBA CIK 0001280263
earnings confidence high sentiment negative materiality 0.70

Ambarella Q4 revenue $83.3M (-7.7% YoY); GAAP EPS loss $0.29; Q1 guidance $60-64M

AMBARELLA INC

2023-FY EPS reported -$1.70 revenue$337,606,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMBARELLA INC reported first quarter of fiscal year 2024 ending April 30, 2023 results: revenue between $60.0 million and $64.0 million. Guidance initiated.

Period
first quarter of fiscal year 2024 ending April 30, 2023
Revenue
between $60.0 million and $64.0 million
Guidance
initiated
Result
guidance update
Exact text from the filing
Based on information available as of today, Ambarella is offering the following guidance for the first quarter of fiscal year 2024, ending April 30, 2023: • Revenue is expected to be between $60.0 million and $64.0 million • Gross margin on a non-GAAP basis is expected to be between 62.0% and 64.0% • Non-GAAP operating expenses are expected to be between $47.0 million and $49.0 million
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMBARELLA INC reported fourth quarter of fiscal 2023 ended January 31, 2023 results: revenue $83.3 million, net income GAAP net loss of $11.1 million, EPS loss per diluted ordinary share of $0.29.

Period
fourth quarter of fiscal 2023 ended January 31, 2023
Revenue
$83.3 million
Net income
GAAP net loss of $11.1 million
EPS
loss per diluted ordinary share of $0.29
Result
reported results
Exact text from the filing
• Revenue for the fourth quarter of fiscal 2023 was $83.3 million, down 7.7% from $90.2 million in the same period in fiscal 2022. For the fiscal year ending January 31, 2023, revenue was $337.6 million, up 1.7% from $331.9 million for the fiscal year ending January 31, 2022. • Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2023 was 59.6%, compared with 63.5% for the same period in fiscal 2022. For the fiscal year ending January 31, 2023, GAAP gross margin was 61.9%, compared with 62.7% for the fiscal year ending January 31, 2022. • GAAP net loss for the fourth quarter of fiscal 2023 was $11.1 million, or loss per diluted ordinary share of $0.29, compared with a GAAP net loss of $9.2 million, or loss per diluted ordinary share of $0.25, for the same period in fiscal 2022.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMBARELLA INC reported fiscal year ended January 31, 2023 results: revenue $337.6 million, net income GAAP net loss of $65.4 million, EPS loss per diluted ordinary share of $1.70.

Period
fiscal year ended January 31, 2023
Revenue
$337.6 million
Net income
GAAP net loss of $65.4 million
EPS
loss per diluted ordinary share of $1.70
Result
reported results
Exact text from the filing
• Revenue for the fourth quarter of fiscal 2023 was $83.3 million, down 7.7% from $90.2 million in the same period in fiscal 2022. For the fiscal year ending January 31, 2023, revenue was $337.6 million, up 1.7% from $331.9 million for the fiscal year ending January 31, 2022. • Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2023 was 59.6%, compared with 63.5% for the same period in fiscal 2022. For the fiscal year ending January 31, 2023, GAAP gross margin was 61.9%, compared with 62.7% for the fiscal year ending January 31, 2022. • GAAP net loss for the fourth quarter of fiscal 2023 was $11.1 million, or loss per diluted ordinary share of $0.29, compared with a GAAP net loss of $9.2 million, or loss per diluted ordinary share of $0.25, for the same period in fiscal 2022. GAAP net loss for the fiscal year ending January 31, 2023 was $65.4 million, or loss per diluted ordinary share of $1.70. This compares with GAAP net loss of $
View on SEC.gov

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AMBARELLA INC filing history →

Source: SEC EDGAR
accession 0001193125-23-053861
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