Arm Holdings has unveiled its financial outcomes for the inaugural quarter of the fiscal year, revealing an adjusted gross margin of 98.1%, which is in line with market expectations. Additionally, the adjusted net profit stood at $480 million, surpassing initial forecasts. Looking ahead, the company anticipates its revenue for the upcoming second fiscal quarter to range between $1.33 billion and $1.43 billion, a projection that closely mirrors analysts' estimates of $1.35 billion.
