Nutrien (NTR) Beats Q1 Earnings and Revenue Estimates
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Arm's quarterly revenue forecast beats Street; annual rev guidance misses
(Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations. Shares of Arm fell about 4% in extended trading after the report. For the current fiscal first quarter, Arm forecast revenue in a range between $875 million and $925 million, with a midpoint of $900 million, compared with an average analyst estimate of $857.5 million, according to LSEG data.
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Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a