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Ambarella | 10-Q: Q1 2025 Earnings Report

Ambarella | 10-Q: Q1 2025 Earnings Report

安霸 | 10-Q:2025财年一季报
美股SEC公告 ·  2024/06/07 02:01

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Ambarella reported Q1 FY2025 revenue of $54.5 million, down 12.3% year-over-year, as lower product unit shipments were partially offset by continued adoption of higher-priced computer vision (CV) solutions. Gross margin improved slightly to 60.9% while net loss widened to $37.9 million compared to $35.9 million last year. Operating expenses decreased marginally to $72.6 million.The company maintained strong liquidity with cash, equivalents and marketable securities of $203.3 million as of April 30, 2024. Research and development expenses remained stable at $54.1 million as Ambarella continued investments in AI and computer vision technologies. The company saw increased traction in automotive and IoT markets despite near-term revenue headwinds.Management expects conditions to stabilize going forward as supply chain challenges have largely subsided. The company is focusing on expanding its CV-based solutions in key growth markets including automotive ADAS, IoT cameras and industrial applications. Ambarella's board approved an extension of its existing share repurchase program through June 2025, with approximately $49 million remaining available for buybacks.
Ambarella reported Q1 FY2025 revenue of $54.5 million, down 12.3% year-over-year, as lower product unit shipments were partially offset by continued adoption of higher-priced computer vision (CV) solutions. Gross margin improved slightly to 60.9% while net loss widened to $37.9 million compared to $35.9 million last year. Operating expenses decreased marginally to $72.6 million.The company maintained strong liquidity with cash, equivalents and marketable securities of $203.3 million as of April 30, 2024. Research and development expenses remained stable at $54.1 million as Ambarella continued investments in AI and computer vision technologies. The company saw increased traction in automotive and IoT markets despite near-term revenue headwinds.Management expects conditions to stabilize going forward as supply chain challenges have largely subsided. The company is focusing on expanding its CV-based solutions in key growth markets including automotive ADAS, IoT cameras and industrial applications. Ambarella's board approved an extension of its existing share repurchase program through June 2025, with approximately $49 million remaining available for buybacks.
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