Arm reports Q1 revenue up 12% YoY to $1.05B, royalty revenue up 25% to $585M, vs. $595M est., and forecasts Q2 profit below estimates; ARM drops 8%+ after hours (Ian King/Bloomberg)

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Ian King / Bloomberg:Arm reports Q1 revenue up 12% YoY to $1.05B, royalty revenue up 25% to $585M, vs. $595M est., and forecasts Q2 profit below estimates; ARM drops 8%+ after hours  —  Arm Holdings Plc, which provides the most widely used technology in computing chips, gave a lower-than-expected profit forecast …