AMBA Q1 2024 Earnings — Ambarella, Inc. Revenue & Financial Results | Market Cap Arena

AMBAAmbarella, Inc.

$2B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$62M-31.2% YoY

Gross Profit

$38M60.4% margin

Operating Income

-$36M-57.2% margin

Net Income

-$36M-57.8% margin

EPS (Diluted)

$-0.91

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$20M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$705M

Total Liabilities

$99M

Stockholders' Equity

$606M

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$90M	-31.2%
Gross Profit	$38M	$57M	-33.6%
Operating Income	-$36M	-$10M	-238.6%
Net Income	-$36M	-$11M	-231.8%

Geographic Segments

TAIWAN

$31M49%

Asia Pacific

$16M25%

North America Other Than United States

$11M18%

Europe

$4M6%

UNITED STATES

$2M2%