earnings
confidence high
sentiment neutral
materiality 0.70
Arteris Q3 revenue $13.3M (+5% YoY); ACV+royalties $57.3M (+8%); guides Q4 rev $11.3-12.3M
Arteris, Inc.
2023-Q3 EPS reported
-$0.75
revenue$41,162,000
- ACV+TTM royalties $57.3M, up 8% YoY; net loss $8.2M ($0.23/share); non-GAAP net loss $4.2M ($0.12/share).
- Revenue $13.3M (+5% YoY); operating loss $8.5M (63.7% of revenue); non-GAAP operating loss $4.5M.
- Q4 guidance: revenue $11.3-12.3M; ACV+TTM royalties $52-56M; non-GAAP op loss 56.1%-76.1% of revenue.
- RPO of $62.5M; 22 design starts in Q3 (12 AI-enabled); secured top-10 global fabless semiconductor customer.
- FlexNoC 5 closed 9 deals since Q2 2023 release; NeuReality, AlChip, Fraunhofer partnerships announced.