---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-223867"
form_type: "8-K"
ticker: "AMBA"
cik: "0001280263"
company_name: "AMBARELLA INC"
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:15:45.854279+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ambarella Q2 revenue $62.1M (-23% YoY), GAAP loss $0.79/share, non-GAAP loss $0.15/share

## Summary
- Revenue $62.1M, down 23% YoY from $80.9M; GAAP net loss $31.2M ($0.79 loss per diluted share).
- Non-GAAP net loss $6.0M ($0.15 loss per share) vs. non-GAAP net income of $7.6M ($0.20 EPS) year ago.
- Q3 FY2024 guidance: revenue ~$50M (±4%), non-GAAP gross margin 62%-64%, non-GAAP opex $46M-$49M.
- Cash and marketable securities $216.5M, down from $227.4M prior quarter.
- CEO cites aggressive customer inventory reduction; expects normalization by year-end for growth next fiscal year.

## SEC filing metadata
- accession: 0001193125-23-223867
- form_type: 8-K
- ticker: AMBA
- cik: 0001280263
- company_name: AMBARELLA INC
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280263/000119312523223867/0001193125-23-223867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280263/000119312523223867/d524972d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-223867
- JSON: https://secwatch.observer/filing/0001193125-23-223867.json
- Plain text: https://secwatch.observer/filing/0001193125-23-223867.txt

## Key facts
- Earnings Releases
  AMBARELLA INC reported second quarter of fiscal year 2024 ended July 31, 2023 results: revenue $62.1 million, net income GAAP net loss of $31.2 million, EPS loss per diluted ordinary share of $0.79.
  - Period: second quarter of fiscal year 2024 ended July 31, 2023
  - Revenue: $62.1 million
  - Net income: GAAP net loss of $31.2 million
  - EPS: loss per diluted ordinary share of $0.79
  - Result: reported results
  source text: Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its second quarter of fiscal year 2024 ended July 31, 2023. • Revenue for the second quarter of fiscal 2024 was $62.1 million, down 23% from $80.9 million in the same period in fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280263/000119312523223867/0001193125-23-223867-index.htm

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