Ambarella, Inc. Announces First Quarter Fiscal Year 2027 Financial Results
Ambarella reported Q1 FY27 revenue of $100.4 million, a 16.9% year-over-year increase, driven by record automotive revenue and strong demand for edge AI solutions. Non-GAAP net profit rose to $5.0 million ($0.11 per share) from $3.0 million ($0.07 per share) in the prior year, while GAAP net loss narrowed to $18.1 million from $24.3 million.
Key figures
- Eps
- 0.11
- Revenue
- 100357000
- Guidance
- Q2 FY27 revenue $105.0M-$111.0M; Non-GAAP gross margin 59.0%-60.5%; Non-GAAP OpEx $56.0M-$59.0M
- Revenue Yoy
- 16.9%
- Gaap gross margin
- 58.4%
- Repurchase cost q1
- 2400000
- Non g AAP net income
- 5033000
- Cash and equivalents
- 277800000
- Buyback authorization
- 50000000
- Non g AAP gross margin
- 59.9%
- Shares repurchased q1
- 47798
AI analysis
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