secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001667011-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arteris reports Q4 revenue $12.5M (+12% YoY); ACV hits $56.1M above guidance
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- Q4 revenue $12.5M (+12% YoY); FY revenue $53.7M (+7% YoY).
- Annual Contract Value + TTM variable royalties $56.1M (+7% YoY), above high-end of guidance.
- Q4 GAAP net loss $10.5M ($0.29/sh); non-GAAP net loss $6.8M ($0.18/sh).
- Added 23 net new Active Customers in 2023; 29 design starts in Q4 including 9 AI/ML.
- Provided Q1 and FY2024 guidance (specific figures not included in excerpt).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000009/0001667011-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000009/aip-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001667011-24-000009

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