Ambarella reports Q4 FY 2024 results with revenue decline and gross margin contraction
Ambarella reports fourth-quarter net loss of $33.1 million and expects first-quarter revenue between $52.0 million and $56.0 million, with gross margin of 61.5% to 63.0%
In a press release on Feb. 27, Ambarella reported its fiscal-year 2024 revenue at $226.5 million, down 32.9%, ending Jan. 31, 2024.
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