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Jan 31, 2021
Ambarella Q4 2021 Earnings Report
Announced fourth quarter and fiscal year 2021 financial results.
Key Takeaways
Ambarella's Q4 2021 revenue was $62.1 million, a 9% increase from Q4 2020. The company's GAAP net loss was $12.5 million, or $0.35 per diluted share, while non-GAAP net income was $5.1 million, or $0.14 per diluted share.
Revenue for the fourth quarter of fiscal 2021 was $62.1 million, up 9% from $57.2 million in the same period in fiscal 2020.
GAAP gross margin for the fourth quarter of fiscal 2021 was 60.8%, compared with 58.2% for the same period in fiscal 2020.
GAAP net loss for the fourth quarter of fiscal 2021 was $12.5 million, or loss per diluted ordinary share of $0.35.
Non-GAAP net income for the fourth quarter of fiscal 2021 was $5.1 million, or earnings per diluted ordinary share of $0.14.
Ambarella
Ambarella
Forward Guidance
Ambarella is offering the following guidance for the first quarter of fiscal year 2022, ending April 30, 2021:
Positive Outlook
- Revenue is expected to be between $67.0 million and $70.0 million
- Gross margin on a non-GAAP basis is expected to be between 59.5% and 61.5%
Challenges Ahead
- Non-GAAP operating expenses are expected to be between $34.0 million and $36.0 million