earnings
confidence high
sentiment neutral
materiality 0.60
Arteris Q1 revenue $13.2M (+12% YoY); net loss $0.26/share; guides FY rev $56-60M
Arteris, Inc.
2023-Q1 EPS reported
-$0.26
revenue$13,154,000
- Revenue $13.2M (+12% YoY); ACV+TTM royalties $54.8M (+4% YoY).
- GAAP net loss $9.0M ($0.26 EPS); Non-GAAP net loss $5.8M ($0.17 EPS).
- 22 new design starts, 6 new customers; Tenstorrent and ASICLAND IP licenses.
- Q2 2023 guidance: rev $13.0-$14.0M; FY 2023 rev $56.0-$60.0M.
- Non-GAAP operating loss 42.4% of revenue; free cash flow -$8.5M (65% of rev).