Arteris Q2 2024 Adj. EPS $(0.11) Beats $(0.14) Estimate, Sales $14.575M Beat $13.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arteris (NASDAQ:AIP) reported Q2 2024 adjusted EPS of $(0.11), beating the estimate of $(0.14). Sales were $14.575M, surpassing the $13.690M estimate but showing a slight decrease from last year's $14.734M.
August 01, 2024 | 8:53 pm
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Arteris reported better-than-expected Q2 2024 EPS and sales, though sales slightly decreased YoY.
Arteris' better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term, despite a slight YoY sales decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100