Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results
Ambarella, Inc. - Ordinary Shares (AMBA)
Last ambarella, inc. - ordinary shares earnings: 3/3 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ambarella.com/investor-relations
Company Research
Source: GlobeNewswire
SANTA CLARA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2024 financial results for the period ended January 31, 2024. Revenue for the fourth quarter of fiscal 2024 was $51.6 million, down 38.1% from $83.3 million in the same period in fiscal 2023. For the fiscal year ended January 31, 2024, revenue was $226.5 million, down 32.9% from $337.6 million for the fiscal year ended January 31, 2023.Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2024 was 59.8%, compared with 59.6% for the same period in fiscal 2023. For the fiscal year ended January 31, 2024, GAAP gross margin was 60.4%, compared with 61.9% for the fiscal year ended January 31, 2023.GAAP net loss for the fourth quarter of fiscal 2024 was $60.6 million, or loss per diluted ordinary share of $1.50, compared with a GAAP net loss of $11.1 million, or los
Show less
Read more
Impact Snapshot
Event Time:
AMBA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMBA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMBA alerts
High impacting Ambarella, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
AMBA
News
- Neusoft Reach and Ambarella Forge Strategic Partnership to Drive Advancements in Autonomous Driving and Intelligent Automotive TechnologyGlobeNewswire
- Ambarella, Inc. (NASDAQ: AMBA) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Ambarella, Inc. (NASDAQ: AMBA) had its price target lowered by analysts at Bank of America Co. from $62.00 to $50.00. They now have an "underperform" rating on the stock.MarketBeat
- Ambarella, Inc. (NASDAQ: AMBA) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- SANY Accelerates Transition to Clean Energy in The Industry 4.0 Era with Intelligent and Low-Carbon Development StrategyPR Newswire
AMBA
Earnings
- 2/27/24 - Beat
AMBA
Sec Filings
- 5/3/24 - Form ARS
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form DEF
- AMBA's page on the SEC website