ARM Holdings PLC (ARM) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's earnings came in at $210 million, or $0.20 per share. This compares with $224 million, or $0.21 per share, last year.
Excluding items, ARM Holdings PLC reported adjusted earnings of $584 million or $0.55 per share for the period.
Analysts on average had expected the company to earn $0.52 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 33.7% to $1.241 billion from $0.928 billion last year.
ARM Holdings PLC earnings at a glance (GAAP) :
-Earnings: $210 Mln. vs. $224 Mln. last year.
-EPS: $0.20 vs. $0.21 last year.
-Revenue: $1.241 Bln vs. $0.928 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.30 - $0.38
Next quarter revenue guidance: $1000 - $1100 Mln
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