Arteris (NASDAQ:AIP) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

Arteris beat estimated earnings by 19.05%, reporting an EPS of $-0.17 versus an estimate of $-0.21.

Revenue was up $1.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 16.89% drop in the share price the next day.

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

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.