secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001667011-23-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arteris Q3 revenue $13.3M (+5% YoY); ACV+royalties $57.3M (+8%); guides Q4 rev $11.3-12.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000166701123000028/0001667011-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000166701123000028/aip-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001667011-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer