Arteris, Inc. (AIP) Tops Q3 EPS by 6c; Offers FY23 Revenue Guidance

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Go back to Arteris, Inc. (AIP) Tops Q3 EPS by 6c; Offers FY23 Revenue Guidance

Arteris Announces Financial Results for the Third Quarter 2023 and Fourth Quarter and Full Year 2023 Guidance

November 7, 2023 4:05 PM EST

CAMPBELL, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the third quarter ended September 30, 2023 as well as fourth quarter and full year 2023 guidance.

"Customer demand remained healthy in the third quarter, with Annual Contract Value plus Trailing-Twelve-Month Royalties of $57.3 million, up 8% year-over-year, said K. Charles Janac, President and CEO of Arteris. With the majority of the top 10 semiconductor companies now at least initially engaged with Arteris, the industrys transition to... More