Arm forecast sends shares down
By David Manners, ElectronicsWeekly (November 7, 2024)
Arm had calendar Q3 revenue of $844 million.
Licensing revenue was down 15% at $339 million and royalty revenue was up 23% at $514 million.
The company is expecting revenues for the year of $3.8 billion to $4.1 billion.
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