Arteris announced strong Q3 2022 results with revenue up 41% year-over-year and ACV plus trailing-twelve-month royalties up 17% year-over-year. The company also achieved a milestone of over three billion systems shipped with SoCs connected by Arteris System IP.
Annual Contract Value (ACV) and Trailing-twelve-month (TTM) royalties of $53.2 million, up 17% year-over-year
Revenue of $12.6 million, up 41% year-over-year
Remaining performance obligation (RPO) of $59.3 million, up 17% year-over-year
Added 10 Active Customers in the third quarter
Arteris provided estimated fourth quarter and full year 2022 guidance.
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