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ARM Holdings reports record earnings but stock drops after less optimistic full-year guidance.
Arm Holdings reported record third-quarter earnings, with a 19% revenue increase to $983 million, surpassing analyst expectations.
Royalty revenue grew by 23%, fueled by the adoption of its v9 and CSS technologies in smartphones, autos, and IoT.
Despite strong results, the company's stock fell in after-hours trading as its narrowed full-year revenue guidance, between $3.94 billion and $4.04 billion, was seen as less optimistic by some investors.
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ARM Holdings reporta ganancias récord, pero las acciones disminuyen después de una orientación de año completo menos optimista.