Ambarella (AMBA) Tops Q4 EPS by 6c, Offers Q1 Guidance

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Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results

March 2, 2021 4:05 PM EST

SANTA CLARA, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced financial results for its fourth quarter of fiscal year 2021 ending January 31, 2021.

Revenue for the fourth quarter of fiscal 2021 was $62.1 million, up 9% from $57.2 million in the same period in fiscal 2020. For the fiscal year ending January 31, 2021, revenue was $223.0 million, down 3% from $228.7 million for the fiscal year ending January 31, 2020.Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2021 was 60.8%,... More