$AIP reports strong demand from various industries in Q1 2023; provides forward-looking guidance for Q2 and full year, 2023
Arteris Inc's Q1 2023 financial report revealed strong demand from various industries, including automotive and AI, resulting in four new OEM design wins for the year. Forward-looking guidance for Q2 and the full year of 2023 was given, subject to change. The non-GAAP financial measures were also disclosed and explained in the report, providing clarity to investors. With a focus on core performance and a path of growth in sight, Arteris Inc seems to be on track for success.