Quarterly ResultJun 2, 2026, 02:47 PM
Ambarella Q1 Revenue $100.36M (+17% YoY); Net Loss Narrows to $18.09M
AI Summary
Ambarella Inc. reported its first-quarter fiscal year 2027 results, with revenue increasing by 17% year-over-year to $100.36 million. The company narrowed its net loss to $18.09 million ($0.41 per diluted share) from $24.33 million ($0.58 per diluted share) in the same period last year. While revenue and loss per share showed improvement, cash reserves decreased, and inventories saw a substantial increase. The company also continued its share repurchase program.
Key Highlights
- Ambarella reported revenue of $100.36 million for the three months ended April 30, 2026, an increase from $85.87 million in the prior year.
- Net loss for the period was $18.09 million, or $0.41 per diluted share, an improvement from a net loss of $24.33 million, or $0.58 per diluted share, in the same period last year.
- Total assets decreased slightly to $794.84 million as of April 30, 2026, from $798.60 million as of January 31, 2026.
- Total liabilities also decreased to $189.02 million from $203.81 million over the same period.
- Shareholders' equity increased to $605.82 million from $594.79 million.
- Cash and cash equivalents decreased to $114.44 million from $191.02 million.
- Inventories increased significantly to $80.36 million from $52.25 million.
- The company repurchased 47,798 shares for $2.4 million during the quarter.
Price Impact
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