Earnings Call Summary | Arteris(AIP.US) Q1 2024 Earnings Conference
Earnings Call Summary | Arteris(AIP.US) Q1 2024 Earnings Conference
The following is a summary of the Arteris, Inc. (AIP) Q1 2024 Earnings Call Transcript:
以下是Arteris, Inc.（AIP）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Arteris reported Q1 2024 annual contract value plus royalties of $58.2 million and positive free cash flow.
Total revenue for Q1 was $12.9 million, a 2% decrease YoY but a 4% increase sequentially.
Remaining performance obligations equaled $74.7 million at the end of Q1, marking a YoY growth of 30%.
The company achieved a GAAP gross profit of $11.5 million, or 89% margin, while the non-GAAP gross profit was $11.7 million, translating to 91% margin.
The GAAP operating loss for the quarter was $9.1 million, and the net loss was $9.4 million, or a diluted net loss per share of $0.25. The non-GAAP net loss was $5.6 million, or a diluted net loss per share of $0.15
Arteris報告稱，2024年第一季度年度合同價值加上5,820萬美元的特許權使用費和正的自由現金流。
第一季度的總收入爲1,290萬美元，同比下降2％，但環比增長4％。
截至第一季度末，剩餘業績義務等於7,470萬美元，同比增長30％。
該公司的公認會計准則毛利爲1150萬美元，利潤率爲89％，而非公認會計准則毛利爲1170萬美元，相當於91％的利潤率。
該季度的GAAP營業虧損爲910萬美元，淨虧損爲940萬美元，攤薄後的每股淨虧損爲0.25美元。非公認會計准則淨虧損爲560萬美元，攤薄後的每股淨虧損爲0.15美元
Business Progress:
業務進展：
In Q1, Arteris witnessed robust licensing activity mainly in enterprise computing and automotive sectors.
Half of the Q1 license deals come from AI and machine learning design initiations.
Five major deals were signed with top-tier global tech companies in Q1.
The company launched its network-on-chip product, FlexNoc 5, which continues to gain solid adoption across different verticals and geographical markets.
Arteris is ramping up its RISC-V ecosystem support, aiding on-chip connectivity for firms deploying the Damo-XuanTie processor IP in their System-on-Chip designs.
The company remains committed to prudent management of operating expenses and investing in profitable revenue growth.
Arteris is advancing with multiple evaluations and an increasing prospective customer base for FlexNoC 5. The uptick in product pricing and value signifies its potential, and Arteris is set to announce additional value-added innovations. The company also observes consistent design timelines across different segments, with quick-paced generative AI designs driven by changes in large language model evaluations and algorithms.
在第一季度，Arteris目睹了強勁的許可活動，主要集中在企業計算和汽車領域。
第一季度許可協議中有一半來自人工智能和機器學習設計的啓動。
第一季度與全球頂級科技公司簽署了五項重大協議。
該公司推出了其片上網絡產品FlexNOC 5，該產品繼續在不同的垂直領域和地域市場中獲得廣泛採用。
Arteris正在加強對RISC-V生態系統的支持，爲在其片上系統設計中部署達摩Xuantie處理器IP的公司提供片上連接方面的幫助。
該公司仍然致力於謹慎管理運營費用，並投資於盈利的收入增長。
Arteris正在向前推進，對FlexNoC 5進行了多次評估，並擴大了潛在客戶群。產品定價和價值的上漲表明了其潛力，Arteris將宣佈更多增值創新。該公司還觀察到不同細分市場的設計時間表一致，而快節奏的生成式人工智能設計是由大型語言模型評估和算法的變化推動的。
More details: Arteris IR
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Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。