---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-156616"
form_type: "8-K"
ticker: "AMBA"
cik: "0001280263"
company_name: "AMBARELLA INC"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:20:27.363394+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ambarella Q1 FY2024 revenue $62.1M, down 31% YoY; GAAP EPS -$0.91, non-GAAP -$0.15

## Summary
- Revenue of $62.1M, down 31% from $90.3M YoY; GAAP gross margin 60.4% vs 62.6%.
- GAAP net loss of $35.9M (-$0.91 per diluted share), compared to net loss of $10.8M (-$0.29) in Q1 FY2023.
- Non-GAAP net loss of $6.0M (-$0.15), vs non-GAAP net income of $17.1M ($0.44) last year.
- Q2 FY2024 guidance: revenue $60-64M, non-GAAP gross margin 62.5-64.5%, non-GAAP opex $48-50M.
- Announced first CV3 platform win with Continental for L4 commercial vehicle; CV72 5nm derivative introduced.

## SEC filing metadata
- accession: 0001193125-23-156616
- form_type: 8-K
- ticker: AMBA
- cik: 0001280263
- company_name: AMBARELLA INC
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280263/000119312523156616/0001193125-23-156616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280263/000119312523156616/d466710d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-156616
- JSON: https://secwatch.observer/filing/0001193125-23-156616.json
- Plain text: https://secwatch.observer/filing/0001193125-23-156616.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.