From CNBC: 2025-05-07 16:46:00

Arm Holdings CEO Rene Haas announced a $250 million deal with Malaysia’s Prime Minister in Kuala Lumpur. However, Arm shares dropped over 8% after issuing weak guidance for the current quarter. The company reported earnings per share of 55 cents and revenue of $1.24 billion for the fiscal fourth quarter, beating expectations. Arm’s revenue forecast for the first quarter is between $1 billion and $1.1 billion, below analyst estimates. Arm controls 90% of the chip market and has a market cap over $130 billion. The company designs chip architecture for companies like Qualcomm and Nvidia, claiming 99% of premium smartphones use its technology. Royalty revenue rose 18% to $607 million, while net income fell 6% to $210 million.



Read more at CNBC:: Arm (ARM) Q1 earnings reports 2025