Arm reports Q2 revenue up 28% YoY to $806M, vs. $744.3M est., license revenue up 106% YoY to $388M, and a Q3 guidance short of expectations; ARM drops 6%+ (Kif Leswing/CNBC) 08-11-2023

Kif Leswing / CNBC:
Arm reports Q2 revenue up 28% YoY to $806M, vs. $744.3M est., license revenue up 106% YoY to $388M, and a Q3 guidance short of expectations; ARM drops 6%+ — – Arm reported second fiscal quarter earnings on Wednesday. — It’s the semiconductor technology company’s first report since its September IPO.