Arm reports Q3 FY 2024 revenues at $824 million, up 14% YOY

News
Artificial Intelligence
ATI News Team

Operating profit increased 17% year over year to $338 million

According to a press release on Feb. 7, Arm has reported third quarter fiscal year 2024 revenues at $824 million, an increase of 14% year on year compared with third quarter fiscal year 2023. Non-GAAP operating profit increased 17% year over year to $338 million, resulting in a 41.0% non-GAAP operating margin.

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