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Arm Holdings beats Q1 estimates, but shares tumble
['Vlad Schepkov', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Investing.com -- Arm Holdings reported first-quarter earnings per share of $0.45, surpassing analyst expectations of $0.37.
The company posted revenue of $1.29 billion for the quarter, beating the consensus estimate of $1.27 billion.
Still, shares of ARM declined more than 6% in premarket trading on Thursday.
For the second quarter of 2027, Arm Holdings projects earnings per share of $0.47, above the analyst consensus of $0.43.
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