NASDAQ$AMBA
Ambarella Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported revenue increase of 16% year-over-year and a GAAP net loss of $15.5 million.
Ambarella reported first-quarter fiscal year 2021 financial results, with revenue reaching $54.6 million, a 16% increase from the previous year. The company's GAAP net loss was $15.5 million, or $0.45 per diluted share, while non-GAAP net income was $1.3 million, or $0.04 per diluted share.
- Revenue for Q1 fiscal year 2021 was $54.6 million, up 16% year-over-year.
- GAAP gross margin was 58.6%, compared to 59.0% in the same period last year.
- GAAP net loss was $15.5 million, or $0.45 per diluted share.
- Non-GAAP net income was $1.3 million, or $0.04 per diluted share.
Headline financials
Revenue & EPS history
Ambarella · Revenue · Quarterly
$54.6M
Forward guidance
For the second quarter of fiscal year 2021, Ambarella expects revenue to be $50.0 million plus or minus 6% and non-GAAP gross margin to be between 59.0% and 60.5%.
Tailwinds
- Revenue is expected to be $50.0 million plus or minus 6%.
- Gross margin on a non-GAAP basis is expected to be between 59.0% and 60.5%.
- CV design activity remains strong.
- Five new CV customers entered production in Q1.
- Long-term outlook for higher levels of automation remains healthy.
Headwinds
- Unprecedented combination of geopolitical and public health risks.
- Associated economic downturn.
- Limited visibility.
- Duration, severity and impact to be unknown.
- Potential for intellectual property disputes or other litigation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
-0.4%
Avg return
Earnings day
-2.7%
Avg return
5 days after
-1.5%
Avg return
30 days after
48%
28 / 58 earnings
Positive
+25.1%
Q2 2022
Best reaction
-31.1%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -14.9% | -20.2% | -28.8% | |
| Q3 2026 | -18.8% | -22.0% | -21.5% | |
| Q2 2026 | +16.9% | +12.3% | +17.9% | |
| Q1 2026 | -15.2% | -13.6% | +8.2% | |
| Q4 2025 | -17.1% | -27.0% | -33.2% | |
| Q3 2025 | +7.7% | +6.3% | +11.6% | |
| Q2 2025 | +14.2% | +16.7% | +11.6% | |
| Q1 2025 | +18.5% | +14.2% | +9.8% | |
| Q4 2024 | +2.1% | +0.6% | -10.6% | |
| Q3 2024 | +2.0% | -1.1% | +6.9% | |
| Q2 2024 | -16.8% | -12.1% | -28.3% | |
| Q1 2024 | -7.0% | -1.5% | +6.4% | |
| Q4 2023 | -9.7% | -10.7% | -17.1% | |
| Q3 2023 | +2.9% | -0.2% | +10.8% | |
| Q2 2023 | -19.7% | -25.7% | -31.9% | |
| Q1 2023 | -5.3% | -5.8% | -25.7% | |
| Q4 2022 | -31.1% | -37.2% | -24.2% | |
| Q3 2022 | +12.7% | +6.4% | +10.6% | |
| Q2 2022 | +25.1% | +30.1% | +47.6% | |
| Q1 2022 | -0.7% | -2.0% | +5.6% | |
| Q4 2021 | -4.6% | -4.7% | -11.4% | |
| Q3 2021 | +15.1% | +17.2% | +40.5% | |
| Q2 2021 | -13.2% | -9.6% | -10.0% | |
| Q1 2021 | -8.3% | -7.1% | -21.8% | |
| Q4 2020 | -7.8% | -15.4% | -22.1% | |
| Q3 2020 | -1.7% | +0.0% | +8.1% | |
| Q2 2020 | +23.8% | +29.2% | +37.7% | |
| Q1 2020 | +4.4% | +2.2% | +16.6% | |
| Q4 2019 | +4.8% | +1.2% | +10.9% | |
| Q3 2019 | +15.4% | +16.0% | +1.5% | |
| Q2 2019 | -4.4% | -4.9% | -3.5% | |
| Q1 2019 | -13.2% | -13.9% | -21.2% | |
| Q4 2018 | +7.8% | +7.3% | +1.9% | |
| Q3 2018 | +13.9% | +5.7% | +7.9% | |
| Q2 2018 | -21.9% | -24.9% | -9.4% | |
| Q1 2018 | -9.1% | -12.2% | -17.5% | |
| Q4 2017 | -5.8% | -7.0% | -7.1% | |
| Q3 2017 | -11.5% | -7.0% | -12.0% | |
| Q2 2017 | -7.0% | -4.4% | +2.2% | |
| Q1 2017 | +11.9% | +16.7% | +22.0% | |
| Q4 2016 | -7.0% | — | — | |
| Q3 2016 | -5.8% | — | — | |
| Q2 2016 | -14.3% | — | — | |
| Q1 2016 | +1.2% | — | — | |
| Q4 2015 | +9.5% | — | — | |
| Q3 2015 | -2.7% | — | — | |
| Q2 2015 | +3.3% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | -9.2% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | +9.6% | — | — | |
| Q1 2013 | +6.0% | — | — | |
| Q1 2014 | -5.3% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q4 2012 | +17.7% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2012 | +13.8% | — | — | |
| Q3 2013 | +16.3% | — | — | |
| Q2 2013 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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