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Analysts expect earnings of 21 cents per share on sales of 780 million The company reported net income of 87 million or 8 cents per. Nasdaq Shares of British chip designer Arm surged 48 Thursday after its earnings report surprised analysts. Arm said it was expecting earnings per share between 21 cents and 28 cents on sales of between 720 million and 800 million in the current. Shares of Arm Holdings ARM are jumping to all-time highs as the company posted its fourth-quarter earnings that beat Wall Street. Arm Holdings Plc is extending a blistering rally in the wake of last weeks blockbuster earnings report that showed artificial intelligence spending..
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Ago Puginator Arm shares spike 24 after chip designer gives strong forecast says AI is increasing sales Company News Arm. Ago Its very hyped up so most likely it will follow many similar ipo that went up massively and then down a lot near the pandemic. People are very confused about how ARM licensing works. ET By Emily Bary Many companies talk up AI but Arm seems to be bearing out its exposure to the technology through its. SoftBank has said in a regulatory filing that they are offering 955 million depository shares at a price range of 47 to 51 per share..
With a trailing price-to-earnings PE multiple of 132 Arms shares are significantly more expensive than the SP 500 average of 25 and. The surge in Arms stock lifted its market capitalization by about 26 billion Now trading at 10211 Arm has doubled from the 51 price set in. Brendan Mcdermid Reuters Shares of chip designer Arm climbed almost 30 in extended trading Thursday morning after the company reported. Arms stock explodes 50 higher as company proves itself an early AI winner Published. Jan 9 2024 Arm Holdings ARM went public in September at 51 per share The stock closed at a post-IPO high of 7747 per share on Dec..
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