secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMBARELLA INC (AMBA)
CIK:        0001280263
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001193125-23-053861
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- Q4 FY2023 revenue $83.3M, down 7.7% YoY; full-year revenue $337.6M, up 1.7%.
- GAAP net loss $11.1M ($0.29 diluted loss per share) vs loss $9.2M ($0.25) YoY.
- Non-GAAP net income Q4 $8.9M ($0.23 diluted EPS), down from $17.9M ($0.45) YoY.
- Cash and marketable securities $206.9M at quarter-end, up from $171.0M a year ago.
- Q1 FY2024 guidance: revenue $60-64M, non-GAAP gross margin 62-64%, non-GAAP op ex $47-49M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280263/000119312523053861/0001193125-23-053861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280263/000119312523053861/d408742d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-053861

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