Arm Holdings Plc. disclosed on Wednesday that its second-quarter revenue for its fiscal 2025 landed at $844 million, marking a 5% increase year-over-year. The figure came in above the company's guidance.
The semiconductor giant's GAAP operating income landed at $64 million compared to a loss of $156 million the year before, while its net income clocked in at $107 million. Diluted earnings per share saw a 191% jump to arrive at $0.10 apiece. The Britain-based chip designer forecasted third-quarter revenue to be in the range of $920 million and $970 million.
"Demand for our high-performance Armv9 and CSS compute platforms continues to exceed expectations, and to accelerate our licensing and royalty revenue growth … AI everywhere is generating new opportunities for the Arm compute platform from the cloud to the edge," CEO Rene Haas said. The company's stock fell by 3.30% in the extended trading after the earnings release to sell at $139.9 apiece.
