Arm beat Q1 earnings, stock dragged down by revenue forecast

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Arm Holdings News

Earnings Per Share,Julie Hyman,Market Domination

Arm Holdings (ARM) is moving lower in extended-hours trading despite topping fiscal first quarter earnings results, revealing $939 million in revenue ($905.4...

) is moving lower in extended-hours trading despite topping fiscal first quarter earnings results, revealing $939 million in revenue and adjusted earnings per share of $0.40 .sift through the chip company's latest earnings print and its readiness to deploy its technology into AI-powered devices, highlighting its second quarter revenue guidance that disappointed Wall Street.Because I just mentioned that's another company that's sort of betting on this PC A I situation.

Analysts were saying it's not quite there yet maybe in the future, there's some promise, but it's not there. But you can see it's up a net 100 26% although 5% loss is what we're seeing in the after hours right now. Just because the company was so large by the time it finally came to market and remember they had tried to merge with NVIDIA at one point.Third Century Bancorp Releases Earnings for the Quarter Ended June 30, 2024

 

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