Ambarella, Inc. Announces First Quarter Fiscal Year 2025 Financial Results

SANTA CLARA, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its first quarter of fiscal year 2025 ended April 30, 2024. Revenue for the first quarter of fiscal 2025 was $54.5 million, down 12$62.1 million in the same period in fiscal 2024.Gross margin under U.S. generally accepted accounting principles (GAAP) for the first quarter of fiscal 2025 was 60.9%, compared with 60.4% for the same period in fisca ...