Arm Q1 earnings beat, stock dragged down by revenue forecast

Arm Holdings (ARM) is moving lower in extended-hours trading despite topping fiscal first quarter earnings results, revealing $939 million in revenue ($905.4 million estimated) and adjusted earnings per share of $0.40 (against expected gains of $0.34 per share).

Market Domination Overtime anchors Julie Hyman and Jared Blikre sift through the chip company's latest earnings print and its readiness to deploy its technology into AI-powered devices, highlighting its second quarter revenue guidance that disappointed Wall Street.

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This post was written by Luke Carberry Mogan.