Arm Gives Bullish Forecast, Makes Headway Pushing Into New Areas
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Arm Holdings Plc gave a bullish forecast, with revenue in the three months ending in March expected to be $850 million to $900 million, compared to an average analyst estimate of $778 million. Earnings are projected to be roughly 30 cents, well ahead of the 21-cent projection. Arm's push beyond smartphones is helping fuel growth and profitability. The company's stock climbed as much as 26% in late trading.



https://www.bloomberg.com/news/articles/2024-02-07/arm-gives-bullish-forecast-makes-headway-pushing-into-new-areas