Arteris 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:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.20 | -0.17 | -0.12 | -0.18 |
EPS Actual | -0.12 | -0.13 | -0.07 | -0.14 |
Revenue Estimate | 11.32M | 11.56M | 13.00M | 11.01M |
Revenue Actual | 11.20M | 12.60M | 14.82M | 11.76M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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