Ambarella Inc. reported its first-quarter fiscal 2026 earnings after market close, delivering adjusted earnings per share (EPS) of $0.07, surpassing analyst estimates by $0.03 and the WhisperNumber community expectation of $0.11. The company posted revenue of $85.9 million, up 57.6% year-over-year from $54.5 million in the same period last year, exceeding estimates by $1.86 million. Despite a net loss of $24.3 million, Ambarella returned to non-GAAP profitability, with a gross margin of 60%. The company projects second-quarter fiscal 2026 revenue to be at least $86 million, a 35% increase year-over-year. Institutional investors slightly increased their holdings by 3% quarter-over-quarter. Meanwhile, Dell Technologies reported earnings with an EPS expectation of $1.77, 8 cents ahead of analyst estimates, and a 54% beat rate, but shares moved only slightly despite disappointing results from Hewlett-Packard, which fell more than 8%. Costco’s earnings expectations stood at $4.37, 6 cents ahead of analyst estimates, with a 50% beat rate. Ulta Beauty’s earnings expectations were $6.04, 21 cents ahead of estimates, with a 70% beat rate. The implied stock price moves for these companies ranged from +/-3.0% for Costco to +/-11.3% for Ambarella.