Arteris, Inc. (NASDAQ:AIP) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET

Company Participants

Erica Mannion - Sapphire Investor Relations

Charlie Janac - Chief Executive Officer

Nick Hawkins - Chief Financial Officer

Conference Call Participants

Josh Buchalter - Cowen

Mark Lipacis - Jefferies

Hans Mosesmann - Rosenblatt Securities

Ambrish Srivastava - BMO

Gus Richard - Northland

Operator

Good afternoon, everyone. And welcome to the Arteris IP First Quarter 2022 Earnings Call. All materials contained in the webcast is the sole property and copy of Arteris IP with all rights reserved.

For opening remarks and introductions, I will now turn the call over to Erica Mannion at Sapphire Investor Relations. Please go ahead.

Erica Mannion

Thank you and good afternoon. With me today from Arteris IP are Charlie Janac, Chief Executive Officer; and Nick Hawkins, Chief Financial Officer. Charlie will begin with a brief review of the business results for the first quarter ended March 31, 2022. Nick will then review the financial results for the first quarter, followed by the company’s outlook for the second quarter and full year of 2022. We will then open the call for questions.

Before we begin, I’d like to remind you that management will make statements during this call that are forward-looking statements within the meaning of the federal securities laws. These statements involve material risks and uncertainties that could cause actual results or events to differ materially from those anticipated and you should not place undue reliance on forward-looking statements.

Additional information regarding these risks and uncertainties and factors that could cause actual results to differ appear in the press release Arteris IP issued today and in the documents and reports filed by Arteris IP from time-to-time with the Securities and Exchange Commission.

Please note, during this call, we will cite certain non-GAAP measures, including non-GAAP net loss, non-GAAP net loss per share and free cash flow, which are not measures prepared in accordance with US GAAP.

These non-GAAP measures are presented as we believe that they provide investors with the means of evaluating and understanding how the company’s management evaluates the company’s operating performance.

These non-GAAP measures should not be considered in isolation from, as substitutes for or superior to financial measures prepared in accordance with U.S. GAAP. A reconciliation of these non-GAAP measures to the nearest GAAP measures can be found in the press release for the quarter ended March 31, 2022.