Arm Holdings earnings beat, Q3 revenue outlook falls short
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Arm Holdings reported better-than-expected Q2 earnings with adjusted earnings of $0.30 per share and revenue of $844 million, surpassing estimates. However, the Q3 revenue outlook fell short of expectations.
November 07, 2024 | 12:30 am
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Arm Holdings reported Q2 earnings of $0.30 per share, beating estimates, and revenue of $844 million, also above expectations. However, the Q3 revenue outlook is below expectations.
While Arm Holdings exceeded Q2 earnings and revenue expectations, the shortfall in Q3 revenue outlook may neutralize the positive impact of the earnings beat. Investors may react cautiously.
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