How did AIP's Q4 earnings surprise impact its annual performance?
4/10/2025 12:30am
Arteris' (AIP) Q4 earnings surprise had a positive impact on its annual performance, contributing to a reduction in the net loss and an increase in revenue for 2024.
1. **Q4 Earnings Surprise Contribution**:
- Arteris reported an earnings per share (EPS) surprise of $0.01 for Q4 2024. This positive surprise indicates that the company's actual performance exceeded market expectations.
2. **Impact on Annual Performance**:
- Despite the Q4 surprise, Arteris still reported a net loss of $33.64 million for 2024, an improvement from the previous year's net loss of $27.39 million. This suggests that while the company is improving, it is still operating at a loss.
- The total revenue for 2024 was $57.72 million, up from $50.38 million in 2023. This increase in revenue, coupled with the positive earnings surprise, indicates that Arteris' operational performance is trending in the right direction.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|AIP|AIP.O|Arteris|2022|-17.118542593226138|-2.7387E7|185|
|AIP|AIP.O|Arteris|2023|-34.622266038631466|-3.6869E7|185|
|AIP|AIP.O|Arteris|2024|8.763459817190594|-3.3638E7|185|
|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|AIP|AIP.O|Arteris|2022|5.0378E7|33.04986266638495|185|
|AIP|AIP.O|Arteris|2023|5.3666E7|6.526658462027076|185|
|AIP|AIP.O|Arteris|2024|5.7724E7|7.561584615957963|185|
In conclusion, while Arteris has not yet turned a profit, the Q4 earnings surprise has contributed to a reduction in its annual net loss and an increase in revenue, providing a positive outlook for the company's future performance.