Arteris, Inc. (AIP) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.18 per share a year ago.
Arteris (AIP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Arteris (AIP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
From a technical perspective, Arteris, Inc. (AIP) is looking like an interesting pick, as it just reached a key level of support. AIP's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Arteris, Inc. (NASDAQ:AIP ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Erica Mannion - Sapphire Investor Relations Charles Janac - Chief Executive Officer Nick Hawkins - Chief Financial Officer Conference Call Participants Joshua Buchalter - TD Cowen Kevin Garrigan - WestPark Capital Gus Richard - Northland Operator Good afternoon, everyone and welcome to the Arteris Third Quarter 2024 Earnings Call. Please note this call is being recorded and simultaneously webcasted.
Arteris, Inc. (AIP) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.12 per share a year ago.
The company is poised to benefit from industry tailwinds arising from AI and autonomous driving, owing to its strong technology offering. Growth is strong, with the business already generating positive FCF so far this year. I expect mid double-digit growth rates to continue in the coming years, with an inflection to non-GAAP profitability likely next year.
Arteris, Inc. (NASDAQ:AIP ) Q2 2024 Earnings Conference Call August 2, 2024 4:30 PM ET Company Participants Charles Janac - Chief Executive Officer Nick Hawkins - Chief Financial Officer Erica Mannion - Sapphire Investor Relations Conference Call Participants Matt Ramsay - TD Cowen Kevin Garrigan - WestPark Capital Operator Good afternoon, everyone. Welcome to the Arteris Second Quarter 2024 Earnings Call.
Arteris, Inc. (AIP) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.13 per share a year ago.