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ARM Q4 2024 earnings results beat beat revenue and EPS expectations

Arm Holdings comfortably beat Wall Street's expectations in its latest earnings report.

Donovan Erskine

May 8, 2024 2:05 PM

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Arm Holdings (ARM), a prime semiconductor manufacturer, has shared its earnings report for the latest fiscal quarter. In addition to detailing the state of its business, Arm Holdings has reported a beat on both revenue and earnings-per-share.

The Q4 2024 earnings report for Arm Holdings was posted at the close of markets today. The company reported $928 million in revenue against an $876 million expectation. The company’s earnings-per-share were $0.36/share, which beat Wall Street’s $0.31/share expectation. CEO Rene Haas spoke more about the quarter in the report.

Arm Holdings (ARM) stock saw an initial spike in after-hours trading before falling as low as $97.50 on the day. For more financial news out of the tech space this week, stick with us here at Shacknews.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_