Arm fell about 8.7% before the market opened, Q4 shipments fell, and fiscal 2025 revenue outlook is relatively weak.

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Gelonghui, May 9 | Arm (ARM.US) U.S. stocks fell about 8.7% before the market opened, to US$96.86

Gelonghui, May 9 | Arm (ARM.US) U.S. stocks fell about 8.7% before the market opened, closing at $96.86.
Arm\’s total revenue in the fourth fiscal quarter increased 47% year-on-year to US$928 million, a new high. This was significantly faster than the 14% increase in the previous quarter. Analysts expected US$880.4 million; adjusted earnings per share was US$0.36. Higher than market expectations. US$0.30 compared with US$0.02 in the same period last year.
However, shipments during the period fell to 7 billion pieces from 7.8 billion pieces in the same period last year.
The company expects revenue in fiscal 2025 to be US$3.8 billion-4.1 billion. Analysts expected US$4.01 billion.

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