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๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $0.18 (Est. $0.17) โ
โข Revenue: $108.1M (Est. $107.76M), +13.2% YoY.
โข Adj. Gross Margin: 59.3%, vs. 60.5% a year ago.
โข Adj. Net Income: $8.2M, up from $6.4M a year ago.
โข GAAP Net Loss: $6.7M, improved from a $20.0M loss a year ago.
โข Cash, Cash Equivalents and Marketable Securities: $272.3M.
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๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q3 FY2027 Revenue: $115Mโ$124M (Est. $119.28M).
โข Q3 FY2027 Adj. Gross Margin: 59%โ60%.
โข Q3 FY2027 Adj. Operating Expenses: $56.5Mโ$59.5M.
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๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue grew 13.2% YoY and came in roughly in line with consensus, while Adj. EPS modestly exceeded expectations.
โข Edge AI revenue reached record levels, with sequential growth across both Auto and IoT markets.
โข Ambarella highlighted particularly strong growth from its 5nm CV75 and CV72 AI SoCs.
โข The company introduced its first standalone AI accelerator, X7, and signed 7-year channel agreements with Macnica and Capgemini.
โข Q3 revenue guidance brackets consensus at the midpoint, pointing to continued double-digit growth.
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โOur edge AI revenue reached record levels in Q2, with balanced sequential growth in Auto and IoT markets with very strong growth from our 5nm CV75 and CV72 AI SoCs.โ