By Kelly Cloonan
Ambarella expects revenue growth to slow this fiscal year after logging a narrower loss and higher sales in its latest quarter.
The semiconductor company said Thursday it expects revenue to rise 10% to 15% this fiscal year. Analysts polled by FactSet project revenue of $428.5 million, or up about 10%.
Chief Executive Fermi Wang said revenue rose 37% in the fiscal year that just ended, marking an annual revenue record. Edge artificial intelligence systems-on-chips represented a majority of overall revenue, generated from a range of physical AI applications, Wang said.
For the first quarter, Ambarella expects revenue of $97 million to $103 million, compared with analyst forecasts of $96.8 million.
The guidance comes as the company posted a narrower loss in its latest quarter as revenue climbed.
For the fiscal fourth quarter, the company recorded a loss of $16.4 million, or 38 cents a share, compared with a loss of $20.2 million, or 48 cents a share, a year earlier.
Adjusted earnings per share were 13 cents, compared with estimates of 10 cents a share according to analysts polled by FactSet.
Revenue climbed 20% to $100.9 million, compared with analyst estimates of $100.2 million.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 26, 2026 16:32 ET (21:32 GMT)
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