Arteris Inc reports results for the quarter ended June 30 - Earnings Summary
Arteris Inc reports results for the quarter ended June 30 - Earnings Summary
Arteris Inc AIP.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of six analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share.
Revenue rose 46.2% to $24.13 million from a year ago; analysts expected $23.48 million.
Arteris Inc's reported EPS for the quarter was a loss of 30 cents.
The company reported a quarterly loss of $14.07 million.
Arteris Inc shares had fallen by 36.3% this quarter and gained 99.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 24.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Arteris Inc is $39.00, about 20.7% above its last closing price of $30.93
This summary was machine generated from LSEG data August 6 at 09:50 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.04 | -0.10 | Missed |
Mar. 31 2026 | -0.07 | -0.03 | Beat |
Dec. 31 2025 | -0.07 | -0.05 | Beat |
Sep. 30 2025 | -0.09 | -0.09 | Met |
Recent news on Arteris
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Arteris Inc reports results for the quarter ended June 30 - Earnings Summary
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