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Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72%, and maintains its outlook for FY 2025; ARM drops 10%+ a


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2024-07-31 23:59:46
milo
Cybersecurity Business

Ian King / Bloomberg:

Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72%, and maintains its outlook for FY 2025; ARM drops 10%+ after hours  —  - Company doesn't boost outlook despite topping earnings views  — CEO says weakness in certain markets is offsetting sales gains




Ian King / Bloomberg:

Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72%, and maintains its outlook for FY 2025; ARM drops 10%+ after hours  —  - Company doesn't boost outlook despite topping earnings views  — CEO says weakness in certain markets is offsetting sales gains



Source: TechMeme
Source Link: http://www.techmeme.com/240731/p35#a240731p35


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