{"id":82354,"date":"2023-11-08T22:57:37","date_gmt":"2023-11-09T03:57:37","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/arms-first-earnings-report-since-ipo-comes-with-a-disappointing-forecast\/"},"modified":"2023-11-08T22:57:39","modified_gmt":"2023-11-09T03:57:39","slug":"arms-first-earnings-report-since-ipo-comes-with-a-disappointing-forecast","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=82354","title":{"rendered":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast"},"content":{"rendered":"
\n

Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended session as its December-quarter outlook missed the mark at the midpoint.<\/p>\n

The chip designer logged a fiscal second-quarter net loss of $110 million, or 11 cents a share, whereas it earned $114 million, or 11 cents a share, in the year-before quarter. On an adjusted basis, Arm
\n ARM,
\n -1.57%<\/bg-quote>
\n recorded 36 cents in earnings per share, compared with the 26-cent FactSet consensus. <\/p>\n

\n

Total revenue rose to $803 million from $630 million, while analysts had been expecting $740 million. The company generated $388 million in revenue from licenses and other sources, along with $418 million from royalties.<\/p>\n

Arm\u2019s quarterly revenue total was its highest ever, the company said in its shareholder letter. <\/p>\n

Read: <\/strong>As AI matures, Nvidia won\u2019t be the only pick-and-shovel company to thrive, BofA analysts say<\/p>\n

\u201cWe have seen strong demand for higher-performance CPUs as companies look to capture the increasing demand for [artificial intelligence], from cloud servers to smartphones to automotive applications,\u201d the company said in its letter. <\/p>\n

Royalty revenue was down 5% from a year before, Arm executives noted in the letter, amid lower sales of smartphone chips. <\/p>\n

For the fiscal third quarter, Arm is modeling $720 million to $800 million in revenue, along with 21 cents to 28 cents in adjusted EPS. The FactSet consensus was for $776 million on the top line and 27 cents in adjusted EPS.<\/p>\n

Arm\u2019s stock fell about 7% in Wednesday\u2019s after-hours trading. The company went public in mid-September.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended session as its December-quarter outlook missed the mark at the midpoint. The chip designer logged a fiscal second-quarter net loss of $110 million, or 11 cents a share, whereas it […]<\/p>\n","protected":false},"author":1,"featured_media":51394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-82354","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nArm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=82354\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=82354\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-09T03:57:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-09T03:57:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692684501_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82354#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82354\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Arm\u2019s first earnings report since IPO comes with a disappointing forecast\",\"datePublished\":\"2023-11-09T03:57:37+00:00\",\"dateModified\":\"2023-11-09T03:57:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82354\"},\"wordCount\":266,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82354#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82354\",\"url\":\"https:\/\/ifintechworld.com\/?p=82354\",\"name\":\"Arm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-09T03:57:37+00:00\",\"dateModified\":\"2023-11-09T03:57:39+00:00\",\"description\":\"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82354#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82354\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82354#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arm\u2019s first earnings report since IPO comes with a disappointing forecast\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld","description":"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=82354","og_locale":"en_US","og_type":"article","og_title":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld","og_description":"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended","og_url":"https:\/\/ifintechworld.com\/?p=82354","og_site_name":"iFintechWorld","article_published_time":"2023-11-09T03:57:37+00:00","article_modified_time":"2023-11-09T03:57:39+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692684501_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=82354#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=82354"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast","datePublished":"2023-11-09T03:57:37+00:00","dateModified":"2023-11-09T03:57:39+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=82354"},"wordCount":266,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=82354#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=82354","url":"https:\/\/ifintechworld.com\/?p=82354","name":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-09T03:57:37+00:00","dateModified":"2023-11-09T03:57:39+00:00","description":"Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=82354#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=82354"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=82354#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Arm\u2019s first earnings report since IPO comes with a disappointing forecast"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82354"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82354\/revisions"}],"predecessor-version":[{"id":82355,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82354\/revisions\/82355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/51394"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}