Arm Stock Falls Despite Strong Earnings as Outlook Matches Analyst Estimates

1. ARM's Q3 revenue rose 19% YoY to $983 million, exceeding estimates. 2. Earnings increased significantly to $252 million from $87 million last year. 3. Royalty revenue grew 23%, license revenue rose 14%, showcasing strong demand. 4. Fourth-quarter revenue forecast in line with estimates; full-year midpoint raised. 5. Shares fell 6% post-earnings despite a 12-month doubling in stock value.