NASDAQ$AIP
Arteris Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Arteris reported financial results for the third quarter of 2021, showing revenue growth and increased customer base.
Arteris announced a 39% year-over-year increase in revenue for Q3 2021, driven by strong demand in the machine learning and automotive sectors. The company also reported growth in ACV, RPO, and customer count.
- Revenue increased by 39% year-over-year.
- Annual Contract Value (ACV) and Trailing-twelve-month (TTM) royalties increased by 21% year-over-year.
- Remaining performance obligation (RPO) increased by 48% year-over-year.
- Ended the quarter with 179 active customers, a 72% year-over-year increase.
Headline financials
Revenue & EPS history
Arteris · Revenue · Quarterly
$8.96M
Revenue by segment
Arteris · $8.96M total across 2 segments · Q3 2021
- Licensing, support and maintenance$8.14M—90.8%
- Variable royalties and other$823K—9.2%
Forward guidance
Arteris provided estimated guidance for Q4 2021 and full year 2021.
Tailwinds
- Q4 2021 ACV + TTM royalties expected to be $48.5 - $50.0 million.
- Full year 2021 ACV + TTM royalties expected to be $48.5 - $50.0 million.
- Q4 2021 Revenue expected to be $10.0 - $11.1 million.
- Full year 2021 Revenue expected to be $36.3 - $37.5 million.
Headwinds
- Q4 2021 Non-GAAP operating loss (%) expected to be 32% - 54%.
- Full year 2021 Non-GAAP operating loss (%) expected to be 40% - 50%.
- Q4 2021 Free cash flow (%) expected to be (52)% - (37)%.
- Full year 2021 Free cash flow (%) expected to be (35)% - (20)%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
-1.5%
Avg return
Earnings day
-2.0%
Avg return
5 days after
+0.6%
Avg return
30 days after
27%
6 / 22 earnings
Positive
+31.4%
Q1 2024
Best reaction
-25.1%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.4% | +2.7% | +26.6% | |
| Q4 2025 | -2.0% | -3.6% | -1.9% | |
| Q3 2025 | +26.0% | +21.3% | +42.5% | |
| Q1 2025 | -10.2% | -10.1% | -4.9% | |
| Q4 2024 | -1.5% | -8.1% | -22.4% | |
| Q3 2024 | +25.6% | +22.7% | +31.0% | |
| Q2 2024 | -8.7% | -18.2% | +4.8% | |
| Q1 2024 | +31.4% | +41.1% | +30.7% | |
| Q4 2023 | -7.5% | -11.2% | -1.8% | |
| Q3 2023 | -25.1% | -31.8% | -12.4% | |
| Q2 2023 | +0.1% | -1.3% | -0.1% | |
| Q1 2023 | +17.5% | +17.0% | +77.9% | |
| Q4 2022 | -16.9% | -21.5% | -37.7% | |
| Q3 2022 | -7.4% | +9.0% | -18.6% | |
| Q2 2022 | -2.5% | -5.8% | -17.4% | |
| Q1 2021 | -3.6% | +2.1% | -2.0% | |
| Q1 2022 | -3.6% | +2.1% | -2.0% | |
| Q2 2021 | -8.4% | -6.1% | -3.6% | |
| Q4 2021 | -8.3% | -16.0% | -10.9% | |
| Q3 2020 | -12.1% | -10.1% | -22.3% | |
| Q4 2020 | -12.1% | -10.1% | -22.3% | |
| Q3 2021 | -13.7% | -7.4% | -20.1% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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