Ambarella Q1 revenue $54.5M (-12% YoY), GAAP loss $0.93; guides Q2 rev $60-64M

AMBARELLA INC

2025-Q1 EPS reported -$0.93 revenue$54,473,000

Revenue $54.5M, down 12% YoY from $62.1M; GAAP net loss $37.9M vs $35.9M loss YoY.
Non-GAAP net loss $10.5M ($0.26 EPS) vs $6.0M loss ($0.15 EPS) YoY.
Cash & equivalents $203.3M, down from $219.9M prior quarter and $227.4M year ago.
Q2 guidance: revenue $60-64M, non-GAAP gross margin 62.5-64.0%, OpEx $47.5-49.5M.
First CV3-AD win at EV passenger OEM; additional CV3-AD win in commercial vehicles; multiple IoT AI wins.

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