---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-286312"
form_type: "8-K"
ticker: "AMBA"
cik: "0001280263"
company_name: "AMBARELLA INC"
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T19:47:51.841614+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ambarella Q3 FY2024 revenue $50.6M, down 39% YoY; GAAP loss per share $1.04

## Summary
- Revenue $50.6M, down 39% from $83.1M in Q3 FY2023; GAAP net loss $41.7M ($1.04 loss per share).
- Non-GAAP net loss $11.2M ($0.28 loss per share) vs non-GAAP net income $9.5M a year ago.
- Q4 FY2024 guidance: revenue $50-53M, non-GAAP gross margin 62-63%, non-GAAP operating expenses $45-48M.
- Cash and marketable securities $222.3M, up from $216.5M prior quarter.
- CEO expects return to revenue growth in Fiscal 2025; CV5 and CV3-AD685 silicon progressing.

## SEC filing metadata
- accession: 0001193125-23-286312
- form_type: 8-K
- ticker: AMBA
- cik: 0001280263
- company_name: AMBARELLA INC
- filed_at: 2023-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280263/000119312523286312/0001193125-23-286312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280263/000119312523286312/d391362d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-286312
- JSON: https://secwatch.observer/filing/0001193125-23-286312.json
- Plain text: https://secwatch.observer/filing/0001193125-23-286312.txt

## Key facts
- Earnings Releases
  AMBARELLA INC reported third quarter of fiscal year 2024 ended October 31, 2023 results: revenue $50.6 million, net income net loss of $41.7 million, EPS loss per diluted ordinary share of $1.04. Guidance initiated.
  - Period: third quarter of fiscal year 2024 ended October 31, 2023
  - Revenue: $50.6 million
  - Net income: net loss of $41.7 million
  - EPS: loss per diluted ordinary share of $1.04
  - Guidance: initiated
  - Result: reported results
  source text: Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2024 ended October 31, 2023. • Revenue for the third quarter of fiscal 2024 was $50.6 million, down 39% from $83.1 million in the same period in fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280263/000119312523286312/0001193125-23-286312-index.htm

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