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Jan 31, 2022
Ambarella Q4 2022 Earnings Report
Announced fourth quarter and full year fiscal 2022 financial results.
Key Takeaways
Ambarella's Q4 2022 revenue was $90.2 million, a 45% increase from the same period last year. The company's GAAP net loss was $9.2 million, or $0.25 per diluted share, while non-GAAP net income was $17.9 million, or $0.45 per diluted share.
Revenue for the fourth quarter of fiscal 2022 was $90.2 million, up 45% year-over-year.
GAAP gross margin for the fourth quarter of fiscal 2022 was 63.5%, compared to 60.8% in the same period last year.
GAAP net loss for the fourth quarter of fiscal 2022 was $9.2 million, or $0.25 per diluted share.
Non-GAAP net income for the fourth quarter of fiscal 2022 was $17.9 million, or $0.45 per diluted share.
Ambarella
Ambarella
Forward Guidance
Ambarella is providing guidance for the first quarter of fiscal year 2023, ending April 30, 2022.
Positive Outlook
- Revenue is expected to be between $88.5 million and $91.5 million
- Gross margin on a non-GAAP basis is expected to be between 63.0% and 64.0%
Challenges Ahead
- Non-GAAP operating expenses are expected to be between $41.0 million and $43.0 million