Recap: Arteris Q4 Earnings

Arteris AIP reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Arteris beat estimated earnings by 10.0%, reporting an EPS of $-0.18 versus an estimate of $-0.2.

Revenue was up $1.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 27.48% drop in the share price the next day.

Here's a look at Arteris's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.18 -0.16 -0.21 -0.20
EPS Actual -0.12 -0.13 -0.17 -0.12
Revenue Estimate 13.00M 13.50M 11.94M 11.32M
Revenue Actual 13.27M 14.73M 13.15M 11.20M

To track all earnings releases for Arteris visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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