Arm Holdings shares jump 9% after quarterly results beat forecasts
Updated
Updated · Seeking Alpha · May 6
Arm Holdings shares jump 9% after quarterly results beat forecasts
9 articles · Updated · Seeking Alpha · May 6
In extended trading on Wednesday, the British chip designer said adjusted fiscal fourth-quarter earnings reached $0.60 a share for the period ending 31 March.
The move followed results that exceeded Wall Street expectations, signalling stronger-than-forecast performance in the latest quarter.
The update centres on Arm's fiscal fourth quarter and highlights investor sensitivity to earnings beats at major semiconductor companies.
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