Arm Holdings (ARM) Stock Plunges 10% Despite Beating Q3 Estimates

TLDR Arm Holdings beat Q3 estimates with 43 cents EPS and $1.24 billion revenue but shares plunged over 10% after hours Record royalty revenue of $737 million up 27% year-over-year exceeded expectations driven by AI demand Licensing revenue of $505 million missed analyst estimates of $520 million sparking investor concerns Q4 guidance projects $1.47 billion [...]

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