secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001667011-24-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arteris Q2 2024: revenue $14.6M (+13% seq), record ACV $60.1M, net loss $0.22/share
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- Revenue $14.6M, up 13% sequentially; ACV+TTM variable royalties $60.1M (+3% YoY); RPO $77.5M (+19% YoY).
- GAAP net loss $8.3M ($0.22/share); non-GAAP net loss $4.4M ($0.11/share).
- Non-GAAP free cash flow positive $0.3M (1.8% of revenue), second consecutive quarter positive.
- Added seven new customers in automotive, AI, and enterprise computing; included two global automotive OEMs.
- Esperanto Technologies and Andes Technology partnership highlighted; AIP added to Russell 2000 index.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000024/0001667011-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000024/aip-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001667011-24-000024

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