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 -1.09% change in stock price 10 days leading up to the earnings, and a +0.64% change 10 days following the report. On the earnings day itself, the stock moves by -0.97%. This data can give you a slight idea of what to expect for the next quarter's release.
AIP Key Earning Data
AIP Earnings Analysis
Positive
Earnings Surprise Report: Arteris, Inc. beat earnings expectations with a reported EPS of $-0.1, exceeding the expectation of $-0.11.
Record Annual Contract Value: The company achieved a record annual contract value plus royalties of $65.1 million, driven by increased demand for semiconductor system IP products.
Q4 Revenue Surge: There was a 24% year-over-year increase in total revenue for Q4, reaching $15.5 million, which was above the midpoint of guidance.
RPO Growth Milestone: Remaining performance obligations (RPO) grew to $88.4 million, a 22% year-over-year increase, marking the highest level reported by the company.
Strong Gross Profit Margin: Non-GAAP gross profit for Q4 was $14.2 million, with a gross margin of 91%, indicating strong profitability.
Non-GAAP Operating Loss Improvement: The company reported a significant improvement in non-GAAP operating loss, which was $2.8 million for Q4, an improvement from $5.5 million in the prior year.
Strong Balance Sheet Position: Arteris ended the quarter with $52.3 million in cash and no financial debt, indicating a strong balance sheet position.
Smart NoC IP Deployment: The company announced the successful deployment of FlexGen Smart NoC IP, which is expected to enhance engineering productivity and lower power consumption.
Customer Base Expansion: Arteris continues to expand its customer base, adding 14 new customers in 2024, including major players in the technology and automotive sectors.
Negative
Higher Than Expected Losses: Non-GAAP operating loss in Q4 was $2.8 million, which was above the top end of guidance, indicating higher losses than anticipated.
Q4 Operating Loss Analysis: GAAP operating loss for Q4 was $7.1 million, showing a significant loss despite improvements from the previous year.
Q4 Non-GAAP Net Loss: Non-GAAP net loss for Q4 was $3.9 million, translating to a diluted net loss per share of $0.10, which reflects ongoing financial challenges.
Q4 Net Loss Analysis: GAAP net loss for Q4 was $8.2 million, or a diluted net loss per share of $0.20, indicating continued financial strain.
Cash Flow Challenges: Free cash flow was negative $2.7 million in Q4 and negative $1.0 million for the full year, which is below guidance and suggests cash flow issues.
Accounts Receivable Increase: Accounts receivable increased by $11.9 million from the prior quarter, indicating potential cash collection challenges and working capital management issues.
AIP FAQs
How does AIP typically perform around its earnings report dates?
AIP's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -1.09% change leading up to the report and a +0.64% change in the 10 days following the release.
Is Arteris Inc (AIP) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AIP Earning Call Sentiment
Arteris, Inc. (NASDAQ:AIP) Q4 2024 Earnings Call Transcript
AIP.O
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