Arteris Q3 revenue $12.6M up 41% YoY; ACV+TTM royalties $53.2M up 17%

Arteris, Inc.

2022-Q3 EPS reported -$0.63 revenue$39,175,000

Revenue $12.6M (up 41% YoY); ACV+TTM royalties $53.2M (up 17% YoY).
Net loss $7.7M ($0.23/share); Non-GAAP net loss $4.2M ($0.13/share).
Added 10 active customers including major EV manufacturer and space customer.
Guidance: Q4 revenue $10.8-$11.8M; FY2022 revenue $50-$51M.
Strengthened management with new EVP Global Sales; milestone of 3B systems shipped.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Arteris, Inc. reported third quarter ended September 30, 2022 results: revenue $12.6 million, net income Net loss of $7.7 million, EPS $0.23 per share. Guidance initiated.

Period: third quarter ended September 30, 2022
Revenue: $12.6 million
Net income: Net loss of $7.7 million
EPS: $0.23 per share
Guidance: initiated
Result: reported results

Exact text from the filing

IP. ” Third Quarter 2022 Financial Highlights: • Annual Contract Value (ACV) and Trailing-twelve-month (TTM) royalties of $53.2 million, up 17% year-over-year • Revenue of $12.6 million, up 41% year-over-year • Remaining performance obligation (RPO) of $59.3 million, up 17% year-over-year • Operating loss of $7.8 million or 61% of revenue • Non-GAAP operating

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Arteris, Inc. filing history →

Source: SEC EDGAR

accession 0001667011-22-000035

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