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Arteris, Inc. (AIP) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-05 23:40
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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.11, delivering a surprise of 26.67%. Over the last four quarters, the company has surpassed ...
Arteris(AIP) - 2024 Q3 - Quarterly Report
2024-11-05 22:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40960 Arteris, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0117058 (State or o ...
Arteris(AIP) - 2024 Q3 - Quarterly Results
2024-11-05 21:08
ARTERIS IP Arteris Announces Financial Results for the Third Quarter 2024 and Fourth Quarter and Full Year 2024 Guidance CAMPBELL, Calif. - November 5, 2024 - 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, 2024 and provided fourth quarter and full year 2024 guidance. "We're excited to report a record $60.5 million in Annual Contract Value plus royalties, and our third co ...
Arteris Announces Financial Results for the Third Quarter 2024 and Fourth Quarter and Full Year 2024 Guidance
GlobeNewswire News Room· 2024-11-05 21:05
CAMPBELL, Calif., Nov. 05, 2024 (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, 2024 and provided fourth quarter and full year 2024 guidance. "We're excited to report a record $60.5 million in Annual Contract Value plus royalties, and our third consecutive quarter of positive free cash flow in the third quarter of 2024," said K. Charles Janac, Presiden ...
Tenstorrent Expands Deployment of Arteris' Network-on-Chip IP to Next-Generation of Chiplet-Based AI Solutions
GlobeNewswire News Room· 2024-11-05 14:00
CAMPBELL, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced Tenstorrent has licensed its network-on-chip (NoC) IP for on-chip connectivity in its chiplet-based products. The highly configurable NoC interconnect meets the demanding workload and time-to-market requirements to deliver the next generation of high-performance, energy-efficient computing for AI, HPC, and automotive applications. T ...
Arteris Selected by TIER IV for Intelligent Vehicles
GlobeNewswire News Room· 2024-10-29 13:00
CAMPBELL, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced TIER IV has licensed FlexNoC 5 interconnect IP and Magillem Connectivity SoC integration automation software for its next generation of intelligent vehicle electronics. These products support the development of high-performance, reliable automotive SoC products that are essential to realizing fully autonomous driving in the future. ...
Arteris and SiFive Deliver Pre-verified Solution for the Datacenter Market
GlobeNewswire News Room· 2024-10-21 13:00
CAMPBELL, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, and SiFive, Inc., the gold standard for RISC-V computing, today announced the availability of the pre-verified solution to enable the development of highperformance applications in the datacenter market without the risk. The combination of the SiFive P870-D CPU and Arteris Ncore cache coherent interconnect IP accelerates the path for SoC design eng ...
Arteris Network-on-Chip Tiling Innovation Accelerates Semiconductor Designs for AI Applications
GlobeNewswire News Room· 2024-10-15 13:00
Highlights: Scalable Performance: Expanded network-on-chip tiling supported by mesh topology capabilities in FlexNoC and Ncore interconnect IP products allow systems-on-chip with AI to easily scale by more than 10 times without changing the basic design, meeting AI's huge demand for faster and more powerful computing.Power Reduction: Network-on-chip tiles can be turned off dynamically, cutting power by 20% on average, essential for more energy-efficient and sustainable AI applications with lower operating c ...
Arteris: Favorable Industry Trends Set To Fuel Growth Ahead
Seeking Alpha· 2024-10-13 16:38
Arteris (NASDAQ: AIP ) is a leading provider of semiconductor system intellectual property (referred to as System IP) specializing in on-chip communications. The company licenses its technology and provides its services to a broad range of customers from chip manufacturersAn individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for ov ...
Joachim Kunkel Joins Arteris Board of Directors
GlobeNewswire News Room· 2024-09-16 21:00
Core Insights - Arteris, Inc. has announced the appointment of Joachim Kunkel to its Board of Directors, bringing extensive experience from Synopsys where he led the IP business unit to over $1.5 billion in revenue, making it the second largest semiconductor IP company globally [1][2] - Kunkel's background includes co-founding CADIS GmbH and a master's degree in electrical engineering, focusing on system-level simulation techniques [1] - The company aims to leverage Kunkel's leadership to enhance its growth and innovation in system IP, particularly in the context of increasing complexity in SoC designs driven by AI [2] Company Overview - Arteris is a leading provider of system IP that accelerates system-on-chip (SoC) development, focusing on network-on-chip (NoC) interconnect IP and SoC integration automation technology [3] - The company's technology aims to improve product performance while reducing power consumption and time to market, thereby enhancing SoC economics for its customers [3]