earnings
confidence high
sentiment positive
materiality 0.70
Arteris Q2 revenue $14.8M (+37% YoY); ACV+royalties $51.7M, guides Q3 rev $10.5-12.5M
Arteris, Inc.
2022-Q2 EPS reported
-$0.39
revenue$26,577,000
- Revenue $14.8M up 37% YoY; ACV + TTM royalties $51.7M up 18% YoY.
- GAAP net loss $5.7M ($0.18/sh); non-GAAP net loss $2.2M ($0.07/sh).
- Q3 guidance: rev $10.5-12.5M, non-GAAP op loss 41.2%-56.2%; FY rev $49.5-52.5M.
- Added 9 customers including Telechips, Pliops, Sunrise Memory, a leading automotive OEM and hyperscaler.
- Claudia Fan Munce, former IBM executive, appointed to Board of Directors.