Arm's Annual Revenue Forecast Fails To Impress Investors; Shares Tumble

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Wed, 05/08/2024 - 1:03pm

Arm's annual revenue forecast fails to impress investors; shares tumble

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Arm’s annual guidance fails to impress, stoking fears that some AI stocks may be overpriced
The cautious guidance sent Arm’s stock into a tailspin, and it was down more than 9% in the hours after the report. Analysts say investors are worried about the pace of the build-out in AI computing, ...
05/8/2024 - 1:12 pm | View Link
Arm's annual revenue forecast fails to impress investors; shares tumble
Arm Holdings , gave a full-year revenue forecast on Wednesday that missed the expectations of investors who had sent the chip designer's shares soaring last September following its IPO on optimism ...
05/8/2024 - 9:38 am | View Link
Arm's Annual Revenue Forecast Fails to Impress Investors; Shares Tumble
(Reuters) -Arm Holdings gave a full-year revenue forecast on Wednesday that missed the expectations of investors who had sent the chip designer's shares soaring last September following its IPO on ...
05/8/2024 - 5:03 am | View Link
Arm's annual revenue forecast fails to impress investors; shares tumble
For the current fiscal first quarter, Arm forecast revenue in a range between $875 million and $925 million, with a midpoint of $900 million, compared with an average analyst estimate of $857.5 ...
05/7/2024 - 1:00 pm | View Link
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