Financial PerformanceAmbarella has raised its FY25 revenue estimate to grow +22-24% year over year, indicating strong future performance expectations.
Market GrowthBoth IoT and Automotive grew approximately 30%, with growth coming from CV5 wins, highlighting Ambarella's strong presence in expanding markets.
Product InnovationAmbarella continues to benefit from new product ramps, particularly those including its AI inference processors, with Edge AI now representing ~70% of total revenue.