Ambarella(AMBA) - 2024 Q4 - Annual Results

Exhibit 99.1 Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results February 27, 2024 —Santa Clara, Calif. – Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2024 financial results for the period ended January 31, 2024. • Revenue for the fourth quarter of fiscal 2024 was $51.6 million, down 38.1% from $83.3 million in the same period in fiscal 2023. For the fiscal year ended January 31, 2024, revenue was $226.5 mil ...