Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2018 Financial Results

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Summary

A reconciliation of the GAAP to non-GAAP gross margin, net income and earnings per share numbers for the periods presented, as well as a description of the items excluded from the non-GAAP calculations, is included in the financial statements portion of this press release.“At the CES show this year, we continued our history of successfully demonstrating leading edge technology with a focus on a wide range of computer vision applications.We look forward to delivering a deeper insight into our CV capabilities, particularly in the automotive market, at our upcoming Analyst Day on March 28th,” said Fermi Wang, president and CEO.This press release contains forward-looking statements that are not historical facts and often can be identified by terms such as “outlook,” “projected,” “intends,” “will,” “estimates,” “anticipates,” “expects,” “believes,” “could,” or similar expressions, including the guidance for the first quarter of fiscal year 2019 ending April 30, 2018, and the comments of our CEO relating to the company’s intention to accelerate development and deployment of its technologies, including computer vision functionality, and our ability to generate design wins and revenue from such efforts.Further information on these and other factors that could affect our financial results is included in the company’s Annual Report on Form 10-K for our 2017 fiscal year, which is on file with the Securities and Exchange Commission.

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AI & Machine learning

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Ambarella
$250M to $500M