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bigcryptogame| Weak revenue outlook for fiscal 25, Arm Holdings fell more than 4.4%

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Zhitong Finance learned that on Thursday, Arm Holdings(ARMbigcryptogame.US) shares fell. As of press time, the stock fell more than 4.4% to $101.32. Arm announced its guidance for the full year of fiscal year 2024, fiscal year 2024 Q1 and fiscal year 2025 Q1 after close on May 8, U.S. Eastern Time. Total Q4 revenue increased 47% year-on-year to US$928 million, an increase of 14% from the previous quarter, exceeding analysts 'expectations of US$880 millionbigcryptogame; Adjusted earnings per share were $0.36, higher than market expectations of $0.30. However, shipments during the period fell to 7 billion units from 7.8 billion units in the same period last year. The company expects total revenue for fiscal 2025 to be US$3.8 billion to US$4.1 billion, with the midpoint of the range of US$3.95 billion, slightly lower than analysts 'expectations for a 26% increase to US$4.01 billion.

bigcryptogame| Weak revenue outlook for fiscal 25, Arm Holdings fell more than 4.4%