Arm Stock: Chip Designer Exceeds Fiscal Second Quarter Targets

Arm Holdings (ARM) late Wednesday beat analyst estimates for its fiscal second quarter and guidance for the current period. But Arm stock slipped during extended trading. The Cambridge, England-based chip design company earned 52 cents per U.S. share on revenue of $1.44 billion in the quarter ended Sept. 30. Analysts surveyed by FactSet expected earnings…

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