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0.0058015267175574 0.00763358778625954 0 -0.0012213740458015 -0.0152671755725191 -0.0213740458015266 -0.0183206106870229 -0.0152671755725191
Stock impact report

Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results [Yahoo! Finance]

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: Yahoo! Finance
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 loss per diluted ordinary share of $0.29, for the same period in fiscal 2023. GAAP net loss for the fiscal year ended January 31, 2024 was $169. Show less Read more
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