Arteris Cuts FY23 Outlook From $56.0M-$60.0M To $54.0M-$56.0M, Consensus $58.41M
Portfolio Pulse from Benzinga Newsdesk
Arteris has reduced its FY23 outlook from $56.0M-$60.0M to $54.0M-$56.0M, which is below the consensus estimate of $58.41M.
August 04, 2023 | 2:47 pm
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NEGATIVE IMPACT
Arteris' lowered FY23 outlook, which is below consensus estimates, may negatively impact its stock price.
Arteris has lowered its FY23 outlook, which is now below the consensus estimate. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price of AIP in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100