AIP Earnings Prediction
The chart below shows how AIP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AIP sees a -2.46% change in stock price 10 days leading up to the earnings, and a +1.02% change 10 days following the report. On the earnings day itself, the stock moves by -1.52%. This data can give you a slight idea of what to expect for the next quarter's release.
AIP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
14.71M
10.84%
0.95%
Gross Margin
90.07%
-0.32%
0.08%
Operating Margin
-53.82%
-15.48%
5.43%
Net Margin
-52.25%
-14.93%
-8.73%
EPS
-0.20
-13.04%
-9.09%
No Data Available
AIP Earnings Analysis
Arteris, Inc. Common Stock Corporation (AIP.O) Earnings Conference Call
Positive
Third Quarter Revenue Increase: Total revenue for the third quarter was $14.7 million, up 11% year-over-year and at the midpoint of our guidance range.
Record High ACV and Royalties: At the end of the third quarter, annual contract value or ACV plus royalties was $60.5 million at the midpoint of our guidance range and a record high for the company.
Record RPO Growth: Remaining performance obligations, or RPO, at the end of the third quarter were $78.4 million, representing a 25% year-over-year increase, also growing to the highest level we have ever reported.
Gross Profit and Margin: GAAP gross profit in the quarter was $13.3 million, representing a gross margin of 90%.
Gross Profit and Margin: Non-GAAP gross profit in the quarter was $13.5 million, representing a gross margin of 92%.
Negative
Revenue Decline in Q3: Total revenue for the third quarter was $14.7 million, which is a decrease from previous expectations.
Operating Loss Comparison: GAAP operating loss for the third quarter was $7.9 million, compared to a loss of $8.5 million in the prior year period.
Operating Loss Exceeds Guidance: Non-GAAP operating loss was $3.3 million, which is worse than the top end of guidance.
Performance Obligations Growth: Remaining performance obligations at the end of the third quarter were $78.4 million, representing a 25% year-over-year increase, but still indicating potential future revenue challenges.
Financial Strain Report: Non-GAAP net loss in the quarter was $3.1 million, reflecting ongoing financial strain.
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AIP Earning Call Sentiment
Arteris, Inc. (AIP) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AIP.O
-1.15%Positive
The earnings call highlights strong financial performance, with record revenue and ACV. Positive free cash flow and improved guidance for the year are promising. New partnerships and expansion into microcontroller markets indicate growth potential. Despite competitive and regulatory risks, the company's strategy in China and the automotive sector shows promise. The Q&A reveals robust design activity and demand for new products, though lacking specifics. Overall, the sentiment is positive, suggesting a potential stock price increase of 2% to 8% over the next two weeks.