Loading...
Loading...
ARM Holdings PLC
ARMH posted a loss in the fourth quarter.
ARM swung to a quarterly net loss of £6.2 million ($10.1 million), versus a year-ago profit of £42.5 million. Its profit before tax and exceptional items rose 19% to £95.5 million.
Its revenue jumped 15% to £189.1 million, versus analysts' estimates of £181.8 million.
ARM shares closed at $45.81 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in