Arm Stock Climbs After Q2 Earnings Beat Estimates: Details
1. ARM reported Q2 earnings of 39 cents, exceeding estimates of 33 cents. 2. Revenue reached $1.13 billion, up from $844 million year-over-year. 3. Royalty revenue increased by 21% to $620 million. 4. Licensing revenue surged 56% year-over-year to $515 million. 5. Stock rose 4.41% in extended trading, reaching $167.25.