1 Simple Quote That Shows Why Arm Holdings Is a Buy
Like a lot of high-priced tech stocks, Arm Holdings (NASDAQ: ARM) has been volatile over the last year. Its shares have whipsawed as investors assess the central processing unit (CPU) architecture specialist's future, and that was on display in its latest earnings report.The stock tumbled about 10% after-hours on May 7 after the company's fiscal fourth-quarter earnings report came out. Its results edged out expectations with revenue rising 34% to $1.24 billion and adjusted earnings per share jumping from $0.36 to $0.55. However, the stock fell as Q1 guidance was below expectations, and management did not offer full-year guidance due to a lack of clarity from its customers and uncertainty around trade and the economy. So what's an investor to conclude? Let's find out. Continue reading
Like a lot of high-priced tech stocks, Arm Holdings (NASDAQ: ARM) has been volatile over the last year. Its shares have whipsawed as investors assess the central processing unit (CPU) architecture specialist's future, and that was on display in its latest earnings report.
The stock tumbled about 10% after-hours on May 7 after the company's fiscal fourth-quarter earnings report came out. Its results edged out expectations with revenue rising 34% to $1.24 billion and adjusted earnings per share jumping from $0.36 to $0.55.
However, the stock fell as Q1 guidance was below expectations, and management did not offer full-year guidance due to a lack of clarity from its customers and uncertainty around trade and the economy. So what's an investor to conclude? Let's find out.
