Arm Holdings Q2 2024 EPS $0.36 Up From $0.17 YoY, Revenue $806M Up From $630M YoY
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings has reported its Q2 2024 earnings per share (EPS) at $0.36, up from $0.17 year-over-year (YoY). The company's revenue also increased to $806M, up from $630M YoY.
November 08, 2023 | 9:07 pm
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Arm Holdings reported a significant increase in both EPS and revenue for Q2 2024. EPS rose to $0.36 from $0.17 YoY, and revenue increased to $806M from $630M YoY.
The significant increase in both EPS and revenue indicates a strong financial performance by Arm Holdings in Q2 2024. This positive earnings report is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100