Arteris Estimates Q3 Revenue Of $12.5M-$13.5M, Consensus $15.08M
Portfolio Pulse from Benzinga Newsdesk
Arteris has estimated its Q3 revenue to be between $12.5M and $13.5M, which is below the consensus estimate of $15.08M.
August 04, 2023 | 2:41 pm
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NEGATIVE IMPACT
Arteris's lower than expected Q3 revenue estimate may negatively impact its stock price.
Arteris's Q3 revenue estimate is lower than the consensus estimate. This could lead to a negative market reaction, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100