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ARM Holdings PLC Reports Drop In Q1 Income

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

ARM Holdings PLC (ARM) revealed earnings for first quarter that Drops, from the same period last year

The company's bottom line came in at $130 million, or $0.12 per share. This compares with $223 million, or $0.21 per share, last year.

Excluding items, ARM Holdings PLC reported adjusted earnings of $374 million or $0.35 per share for the period.

The company's revenue for the period rose 12.1% to $1.053 billion from $939 million last year.

ARM Holdings PLC earnings at a glance (GAAP) :

-Earnings: $130 Mln. vs. $223 Mln. last year.
-EPS: $0.12 vs. $0.21 last year.
-Revenue: $1.053 Bln vs. $939 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.29 - $0.37
Next quarter revenue guidance: $1.01 - $1.11 Bln

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