Arteris shares are trading lower after the company issued Q4 and FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Arteris has issued Q4 and FY23 revenue guidance below estimates, leading to a decrease in its share prices.
November 08, 2023 | 5:57 pm
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NEGATIVE IMPACT
Arteris' lower than expected revenue guidance for Q4 and FY23 has led to a decrease in its share prices.
Arteris' lower than expected revenue guidance indicates potential financial underperformance, which is likely to negatively impact investor sentiment and lead to a decrease in its share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100