Will Top-Line Improvement Aid Arm Holdings' (ARM) Q1 Earnings?
Arm plc(ARM) Zacks Investment Research·2024-05-08 03:21
Arm Holdings plc (ARM) is scheduled to report its fourth-quarter fiscal 2024 results on May 8, after the bell.The Zacks Consensus Estimate for revenues in the to-be-reported quarter is currently pegged at $885 million, suggesting sequential growth of 7.4%. We expect continued strong Royalty and License revenues to have driven the top-line strength in the quarter.ARM has been witnessing strong Royalty revenues due to the resurgence of the smartphone market and increased market share outside mobile, a trend t ...