Arm Holdings shares fall after better-than-expected fourth-quarter earnings
Updated
Updated · CNBC · May 6
Arm Holdings shares fall after better-than-expected fourth-quarter earnings
6 articles · Updated · CNBC · May 6
The stock dropped about 6% after hours after Arm posted fiscal Q4 revenue of $1.49 billion and non-GAAP EPS of 60 cents, both above LSEG consensus.
Management also said demand for its in-house data-centre CPU now exceeds $2 billion through fiscal 2028, but kept its initial $1 billion outlook because supply-chain capacity remains tight.
Arm's first-quarter revenue guidance of about $1.26 billion was slightly ahead of estimates, while investors weighed the shares' 117% year-to-date surge and stronger hyperscaler adoption of Arm-based server chips.
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