Arm is one of the latest tech companies to share details of its latest financial results, and it was mostly good news. Arm’s second-quarter 2024 results delivered revenue and earnings per share (EPS) that both exceeded Wall Street’s expectations, helping Arm to have an overall successful quarter.

Arm Holdings has published its Second quarter 2024 results via its investor relations site this week. For its revenues, Arm has a net income of 844 million US dollars. This is much more than the $808 million expected by Wall Street analysts. Meanwhile, in terms of EPS, the company posted an actual figure of $0.30 per share. That was enough to beat Wall Street’s EPS estimate of $0.26 per share.

Arm Holdings is a pretty key company in the world of processor and chip design. The company’s chip architecture is used by various companies around the world who use its designs in a wide range of popular products. For example, Arm is known to be a key part of Apple’s rise in its own market. chip design efforts via Apple Silicon. However, the company has experienced drama in recent quarters, threatening to cut licenses from Qualcomm for unapproved use of its chips from a company acquired by Qualcomm.

Nonetheless, Arm remains a core business across many current and new products and its quarters continue to show this success. While we monitor the latest from the company, stay tuned for Topic Arm Holdings for further updates.

TJ Denzer is a gamer and writer with a passion for gaming that has dominated his entire life. He found his way to the Shacknews roster in late 2019 and has since become senior news editor. Between media coverage, he also participates in live streaming projects like Indie-licious, focused on independent games, the Shacknews Stimulus Games and the Shacknews Dump. You can reach him at [email protected] and also find him on Twitter @JohnnyChugs.