On October 28, ARM Holdings rose 3.08% in Regular Trading, trading at $233.59/share, with turnover of $287 million.
The move aligned with improving sentiment ahead of the company’s upcoming quarterly results, as consensus expectations point to continued strength in AI-related licensing and royalty momentum.
Market expectations indicate quarterly revenue of $1.376 billion, up 29.57% year over year, adjusted EPS of $0.48, up 42.21%, and EBIT of $569 million, up 47.69%. In the previous quarter, ARM Holdings reported revenue of $1.289 billion, up 22.41% year over year, gross margin of 97.21%, net income attributable to shareholders of $270 million, net margin of 20.95%, and adjusted EPS of $0.45. A broader rebound in semiconductor shares also provided support to the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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