Arm Delivers a Record Q1 — Earnings, Revenues Beat Estimates (CORRECTED)

Editor’s Note: This article has been updated to correct Arm’s second-quarter revenue guidance. Arm Holdings Plc. (NASDAQ: ARM ) posted better-than-expected first-quarter results after Wednesday’s closing bell. Here’s a look at the key figures from the quarter. ARM stock is moving. Watch the price action here. Arm Q1 Details Arm reported quarterly earnings of 45 cents per share, which beat the consensus estimate of 40 cents by 12.5%, according to Pro data. Quarterly revenue of $1.29 billion beat the analyst estimate of $1.26 billion. Royalty revenue grew 22% to $715 million, with data center royalties more than doubling year over year. Licensing revenue reached $574 million, up 23% year over year. “Arm delivered a record first quarter, reflecting strong execution across our business and growing demand for the Arm compute platform as AI expands across cloud infra...