Ambarella, Inc. Announces First Quarter Fiscal Year 2025 Financial Results
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AMBARELLA, INC. |
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RECONCILIATION OF GAAP TO NON-GAAP DILUTED EARNINGS (LOSSES) PER SHARE |
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(in thousands, except share and per share data) |
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Three Months Ended April 30, |
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2024 | | | |
2023 | |
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(unaudited) |
| GAAP net loss | $ | (37,932 | ) | | $ | (35,902 | ) |
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| Non-GAAP adjustments: | | | |
| Stock-based compensation expense | | 26,036 | | | | 27,265 | |
| Acquisition-related costs | | 1,277 | | | | 1,277 | |
| Income tax effect | | 152 | | | | 1,333 | |
| Non-GAAP net income (loss) | $ | (10,467 | ) | | $ | (6,027 | ) |
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| GAAP - diluted weighted average shares | | 40,774,991 | | | | 39,340,791 | |
| Non-GAAP - diluted weighted average shares | | 40,774,991 | | | | 39,340,791 | |
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| GAAP - diluted net loss per share | $ | (0.93 | ) | | $ | (0.91 | ) |
| Non-GAAP adjustments: | | | |
| Stock-based compensation expense | | 0.64 | | | | 0.69 | |
| Acquisition-related costs | | 0.03 | | | | 0.03 | |
| Income tax effect | | — | | | | 0.04 | |
| Effect of Non-GAAP - diluted weighted average shares | | — | | | | — | |
| Non-GAAP - diluted net income (loss) per share | $ | (0.26 | ) | | $ | (0.15 | ) |
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