AMBARELLA INC

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.

Ambarella, Inc. announced its first quarter fiscal year 2027 financial results, reporting revenue of $100.4 million, a 16.9% increase year-over-year. The company's GAAP net loss improved to $18.1 million, while non-GAAP net profit rose to $5.0 million. Ambarella also provided positive guidance for the second quarter of fiscal year 2027, expecting revenue between $105.0 million and $111.0 million, and authorized a new $50.0 million share repurchase program.

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.

Ambarella Inc. announced a groundbreaking long-term agreement (LTA) with Hanwha Group for the sourcing and co-development of Ambarella edge AI technology. The agreement is valued in excess of $800 million in potential revenue over a period exceeding ten years, representing one of Ambarella's largest partnerships to date. This multi-generational LTA will integrate Ambarella's edge AI platform across Hanwha's expanding portfolio of intelligent devices and systems, including video security, robotics, industrial automation, and life sciences, aiming to accelerate product development and market penetration.

Ambarella, an edge AI semiconductor company, announced the launch of its new quarterly Industry Analyst Briefing Call program. This initiative aims to enhance engagement specifically with non-financial industry analysts whose coverage influences enterprise buyers, automotive OEMs, and ecosystem partners. The inaugural session is scheduled for June 4, 2026, hosted by Muneyb Minhazuddin, Customer Growth Officer, and will cover Ambarella's edge AI portfolio direction, end-market progression, and the maturing developer ecosystem.

Ambarella, Inc. has filed its definitive proxy statement for its Annual Meeting of Shareholders, which will be held on June 26, 2026. Shareholders will vote on several key proposals, including the election of three Class II directors, the ratification of PricewaterhouseCoopers LLP as the independent auditor, an advisory vote on executive compensation, and the approval of an amendment to the 2021 Equity Incentive Plan. The Board of Directors recommends a "For" vote on all proposals.

Ambarella's co-founder, President, and CEO, Dr. Fermi Wang, was honored with the inaugural 2026 IEEE Arun N. Netravali Video Analytics, Technology and Systems Award. He shares this prestigious recognition with his Ph.D. advisor, Professor Dimitris Anastassiou. The award acknowledges significant advancements in video technology, AI-powered systems, and analytics, underscoring Ambarella's leadership in edge AI semiconductor innovation under Dr. Wang's guidance.

Ambarella, Inc. announced it will host its first quarter fiscal year 2027 earnings conference call on Thursday, May 28, 2026, at 1:30 p.m. Pacific Time. The earnings release will be issued after market close on the same day. Interested participants must register online in advance to ask questions, and a live webcast will be available on the company's investor relations website.