Arteris (NASDAQ: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.
