Financial Performance - Revenue for Q3 FY2025 was $82.7 million, a 63% increase from $50.6 million in Q3 FY2024[3] - Gross margin under GAAP for Q3 FY2025 was 60.6%, compared to 59.3% in Q3 FY2024[3] - GAAP net loss for Q3 FY2025 was $24.1 million, or loss per diluted share of $0.58, an improvement from a net loss of $41.7 million, or loss per diluted share of $1.04, in Q3 FY2024[3] - Non-GAAP net income for Q3 FY2025 was $4.5 million, or earnings per diluted share of $0.11, compared to a non-GAAP net loss of $11.2 million, or loss per diluted share of $0.28, in Q3 FY2024[4] - For the three months ended October 31, 2024, GAAP net loss was $24,071 thousand compared to a loss of $41,710 thousand for the same period in 2023, representing a 42.5% improvement[21] - Non-GAAP net income for the three months ended October 31, 2024, was $4,459 thousand, while the same period in 2023 reported a loss of $11,178 thousand, indicating a significant turnaround[21] - The diluted net loss per share under GAAP for the three months ended October 31, 2024, was $(0.58), improving from $(1.04) in the same period of 2023[21] Cash and Assets - Cash, cash equivalents, and marketable securities at the end of Q3 FY2025 totaled $226.5 million, up from $219.8 million in the previous quarter[7] - Total current assets increased to $303,610 thousand as of October 31, 2024, up from $280,157 thousand at January 31, 2024, reflecting a 8.5% growth[23] - Cash and cash equivalents decreased to $127,122 thousand from $144,914 thousand, a decline of 12.3%[23] Liabilities and Equity - Total liabilities rose to $116,494 thousand as of October 31, 2024, compared to $97,784 thousand at January 31, 2024, marking an increase of 19.0%[23] - Total shareholders' equity decreased to $554,295 thousand from $559,871 thousand, a decline of 1.0%[23] Future Outlook - Ambarella expects Q4 FY2025 revenue to be between $76.0 million and $80.0 million[5] - Non-GAAP gross margin for Q4 FY2025 is expected to be between 61.5% and 63.0%[5] - The company aims to drive positive operating leverage and maintain positive free cash flow for 15 consecutive fiscal years[8] - Ambarella is focused on expanding its presence in IoT and automotive markets, anticipating growth in FY2025 and FY2026[8] Operational Costs - Stock-based compensation expense for the three months ended October 31, 2024, was $26,847 thousand, slightly down from $27,409 thousand in the same period of 2023[21] - Acquisition-related costs totaled $1,267 thousand for the three months ended October 31, 2024, compared to $1,277 thousand in the prior year[21] - The difference between GAAP and non-GAAP gross margin was 2.0% for the three months ended October 31, 2024, compared to 3.3% in 2023, attributed to stock-based compensation and other expenses[20] Revenue Composition - Edge AI revenue accounted for approximately 70% of total revenue, establishing a new record level[8]

SANTA CLARA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc.  (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2025 ended October 31, 2024. Revenue for the third quarter of fiscal 2025 was $82.7 million, up 63% from $50.6 million in the same period in fiscal 2024. For the nine months ended October 31, 2024, revenue was $200.9 million, up 15% from $174.9 million for the nine months ended October 31, 2023.Gross margin under U.S. ...

SANTA CLARA, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its third quarter fiscal year 2025 earnings conference call on Tuesday, November 26, 2024 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance.  Once registered, the dial-in numbers will be provided with a pers ...

SANTA CLARA, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its third quarter fiscal year 2025 earnings conference call on Tuesday, November 26, 2024 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a perso ...

Shares of Ambarella Inc (AMBA, Financial) surged 4.22% in mid-day trading on Oct 2. The stock reached an intraday high of $56.57, before settling at $56.51, up from its previous close of $54.22. This places AMBA 14.22% below its 52-week high of $65.88 and 42.38% above its 52-week low of $39.69. Trading volume was 139,171 shares, 19.5% of the average daily volume of 713,491.Wall Street Analysts ForecastBased on the one-year price targets offered by 10 analysts, the average target price for Ambarella Inc (AMB ...

SANTA CLARA, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced in advance of AutoSens Europe that its Oculii™ AI 4D imaging radar technology is deployed worldwide in the 2023 and 2024 Lotus Eletre electric hyper-SUV as well as the 2024 Lotus Emeya fully electric hyper-GT from Lotus Technology. The vehicles’ L2+ semi-autonomous systems that have benefited from this groundbreaking radar technology include highway and urban navigation o ...

Ambarella (AMBA) shares have plunged 13% year to date (YTD) against the Zacks Computer and Technology Sector and S&P 500 index’s return of 19.9% and 18%, respectively.Ambarella stock has also underperformed the Zacks Electronics - Semiconductors industry’s growth of 23.6% in the same time frame.Here’s Why AMBA Shares Are TumblingAmbarella is grappling with several headwinds, including the slowdown of electric vehicle (EV) market growth. Per a Forbes report, the EV market is expected to grow 16% in 2024 comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMBARELLA, INC. (Exact name of registrant as specified in its charter) Title of each class Trading Symbol Name of each exchange on which registered Ordinary Shares, $0.00045 Par Value Per Share AMBA The Nasdaq Global Select Market Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d ...

With a top AI stock taking it on the chin, investors appeared to be looking for alternatives with solid potential.The news has been very positive with microchip stock Ambarella (AMBA 1.51%) over the past few days, and investors have been piling into the artificial intelligence (AI)-focused company. According to data compiled by S&P Global Market Intelligence, as of Friday before market open Ambarella's share price was up a mighty 19% week to date. Solid quarterly results, a series of analyst price target ra ...

Ambarella's Q2 report came with encouraging results and some intriguing developments on the AI front.Ambarella (AMBA 9.45%) stock is surging in Wednesday's trading. The imaging company's share price was up 10.3% as of 1:15 p.m. ET, according to data from S&P Global Market Intelligence.After the market closed yesterday, Ambarella published results for the second quarter of its current fiscal year (which ended July 31). The company delivered sales, earnings, and forward guidance that beat the market's expecta ...