Arm Stock Climbs After Q2 Earnings Beat Estimates: Details

Core Insights - Arm Holdings Plc. reported strong second-quarter earnings, surpassing both revenue and earnings estimates, leading to a positive stock movement [1][2]. Financial Performance - Quarterly earnings were reported at 39 cents per share, exceeding the consensus estimate of 33 cents [2]. - Revenue for the quarter reached $1.13 billion, beating the analyst consensus estimate of $1.06 billion and showing a significant increase from $844 million in the same period last year [2]. - Royalty revenue grew by 21% year-over-year to $620 million [5]. - Licensing and other revenue increased by 56% year-over-year to $515 million [5]. - Annualized contract value (ACV) rose by 28% year-over-year to $1.6 billion [5]. Stock Performance - Following the earnings report, Arm Holdings stock rose by 4.41%, reaching a price of $167.25 in extended trading [3].