Arm’s first earnings report since IPO comes with a disappointing forecast

Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended session as its December-quarter outlook missed the mark at the midpoint.

Total revenue rose to $803 million from $630 million, while analysts had been expecting $740 million. The company generated $388 million in revenue from licenses and other sources, along with $418 million from royalties.Read: As AI matures, Nvidia won’t be the only pick-and-shovel company to thrive, BofA analysts say

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Klaviyo Stock Falls After Its First Earnings Report as a Public CompanyThe company also provided a slightly better-than-expected revenue forecast for the December quarter.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Instacart Beats Estimates in First Earnings Report Since IPOThird-quarter revenue of $764 million was up 14% from a year earlier and ahead of Street consensus.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Arm beats sales expectations in first post-IPO earnings report, but guidance falls shortArm reported its first post-IPO earnings on Wednesday that beat Wall Street expectations for sales.
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »

Arm beats sales expectations in first post-IPO earnings report, but guidance falls shortArm reported its first post-IPO earnings on Wednesday that beat Wall Street expectations for sales.
Fuente: CNBC - 🏆 12. / 72 Leer más »