ARM (NASDAQ:ARM) Shares Gap Up on Earnings Beat
Arm posted record first-quarter revenue as royalty growth jumped 22% and licensing revenue rose 23%, while second-quarter guidance topped analyst estimates.
- Arm reported quarterly revenue of $1.29 billion, surpassing the $1.26 billion estimate, with adjusted EPS of 45 cents beating analyst expectations by 12.5% in the first quarter.
- Royalty revenue grew 22% to $715 million with data center royalties more than doubling, while Licensing revenue reached $574 million, up 23% year over year, driving the outperformance.
- "Arm delivered a record first quarter, reflecting strong execution across our business and growing demand for the Arm compute platform," said CEO Rene Haas, citing expansion across cloud infrastructure and the physical world.
- In Wednesday's extended trading, Arm stock declined 0.52% to $223.23, while executives Ian Thornton, Vice President of Investor Relations, and Chief Financial Officer Jason Child discussed the results.
- Second quarter adjusted EPS is projected between 43 cents and 51 cents, with revenue expected to range from $1.33 billion to $1.48 billion, according to company guidance from Statement 13.
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Chip Design Firm 'Arm' Posts Record Q1 Revenue of USD 1.29 Billion, Driven by AI Demand and Data Centre Growth
Get latest articles and stories on Business at LatestLY. Arm, the global technology company that designs CPU architecture and licenses its technology to chipmakers, reported a record first quarter for FY27, with revenue rising 22 per cent year-on-year to USD 1.289 billion, supported by strong demand for its compute platform as artificial intelligence (AI) expands across cloud infrastructure, edge devices and physical AI systems. Business News | …
Why Arm Stock Is Surging Today
Key PointsArm stock posted sales and earnings for fiscal Q1 that beat Wall Street's expectations.Chip stocks are also broadly seeing a strong rebound rally today. 10 stocks we like better than Arm Holdings › Arm (NASDAQ: ARM) stock is rapidly gaining ground in Thursday's trading. The semiconductor company's share price was up 6.7% as of 11:15 a.m. ET. The S&P 500 was up 0.8% at the same point in the session, and the Nasdaq Composite was up 2.1%.…
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