Arm Holdings' revenue and EPS exceeded expectations, dropping over 5% in after-hours trading | Earnings report insights
Arm Holdings' adjusted earnings per share (EPS) for the third quarter are expected to be between $0.32 and $0.36, higher than analysts' expectations of $0.34. The full-year EPS forecast remains at $1.45 to $1.65, with analysts expecting $1.56. Operating expenses for the third quarter are expected to be around $525 million, slightly lower than analysts' expectations of $527.4 million. Revenue is expected to be between $920 million and $970 million, with analysts expecting $950.9 million. Despite the better-than-expected performance, the stock price fell more than 5% in after-hours trading
EPS: The adjusted EPS for the third fiscal quarter is expected to be between $0.32 and $0.36, with analysts expecting $0.34. The full-year adjusted EPS forecast remains unchanged at $1.45 to $1.65, with analysts expecting $1.56.
Operating Expenses: Adjusted operating expenses for the third fiscal quarter are expected to be approximately $525 million, with analysts expecting $527.4 million. The full-year adjusted operating expenses forecast remains unchanged at around $2.05 billion, with analysts expecting $2.04 billion.
Revenue: Revenue for the third fiscal quarter is expected to be between $920 million and $970 million, with analysts expecting $950.9 million