Quarterly ResultMay 28, 2026, 04:07 PM
Ambarella Q1 Revenue $100.4M, Non-GAAP EPS $0.11; Authorizes $50M Buyback
AI Summary
Ambarella, Inc. announced first quarter fiscal 2027 financial results, reporting revenue of $100.4 million, a 16.9% increase from the prior year. The company achieved a non-GAAP net profit of $5.0 million, or $0.11 per diluted share, compared to a non-GAAP net profit of $3.0 million, or $0.07 per share, in Q1 FY26. GAAP net loss was $18.1 million, or $0.41 per share. Additionally, Ambarella's Board of Directors authorized a new $50.0 million share repurchase program through June 30, 2027, and provided Q2 FY27 revenue guidance of $105.0 million to $111.0 million.
Key Highlights
- Ambarella reported Q1 FY27 revenue of $100.4 million, up 16.9% YoY.
- Q1 FY27 non-GAAP net profit was $5.0 million, or $0.11 per diluted share.
- Q1 FY27 GAAP net loss was $18.1 million, or $0.41 per diluted share.
- Board authorized a new $50.0 million share repurchase program through June 30, 2027.
- Q2 FY27 revenue guidance is between $105.0 million and $111.0 million.
- Automotive revenue achieved a new all-time record in Q1 FY27.
- Cash, cash equivalents, and marketable debt securities totaled $277.8 million.
Price Impact
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