Overview
Semiconductor technology provider's Q4 revenue rose 30%, beating analysts' expectations
Adjusted net loss came in less than analysts' expectations
Company completed acquisition of Cycuity for semiconductor security verification
Outlook
Arteris projects Q1 2026 revenue between $20.5 mln and $21.5 mln
Company expects FY 2026 revenue between $89 mln and $93 mln
Arteris sees FY 2026 ACV plus royalties between $100 mln and $104 mln
Result Drivers
RECORD ACV AND ROYALTIES - Arteris achieved a record Annual Contract Value plus royalties of $83.6 mln, representing 28% growth year-over-year
ROYALTY GROWTH - Company recorded 50% year-over-year growth in royalties, driven by over four billion systems shipped with Arteris System IP
CYCUITY ACQUISITION - Acquisition of Cycuity strengthens Arteris' ability to secure data movement in silicon, addressing cybersecurity threats
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $20.10 mln | $18.55 mln (4 Analysts) |
Q4 Adjusted Net Income | Beat | -$2.30 mln | -$2.72 mln (3 Analysts) |
Q4 Net Income | -$8.50 mln | ||
Q4 Adjusted Operating Income | Beat | -$2.20 mln | -$2.66 mln (4 Analysts) |
Q4 Operating Income | -$8.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Arteris Inc is $20.50, about 35.8% above its February 11 closing price of $15.10
Press Release: ID:nGNX6pzDmW
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)