# Arm shares drop 10% as revenue outlook narrowly exceeds forecasts

_Published Thursday, November 5, 2026 at 1:18 PM EST · Products · Latest · Tier 2 — Notable_

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Arm shares fell 10% to $172.01 on Thursday after its revenue outlook narrowly exceeded analysts' forecasts, Yahoo Finance reported. The semiconductor technology company forecast third-quarter revenue of $1.49 billion to $1.59 billion, with a midpoint of $1.54 billion against a $1.53 billion consensus.

Second-quarter revenue rose 27% to $1.44 billion. License and other revenue increased 50% to $773 million, while royalty revenue rose 8% to $670 million. Higher royalty rates and increased data-center deployment supported royalties, but memory pricing's impact on smartphones partly offset those gains.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/arm-falls-10-modest-revenue-142900987.html)

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Canonical: https://techandbusiness.org/newswire/ciA5fxzMThuCwx2gpSaiji
Published: 2026-11-05T18:18:34.390Z
Story chronology: 2026-11-05T14:29:00.000Z
Retrieved: 2026-11-06T22:49:49.759Z
Publisher: Tech & Business (techandbusiness.org)