Tech
Arm CEO Rene Haas says the company is committed to an IPO in 2023 after reporting Q3 revenue up 28% YoY to $746M and upfront license revenue up 65% YoY to $300M (Stephen Nellis/Reuters)
Stephen Nellis / Reuters:
Arm CEO Rene Haas says the company is committed to an IPO in 2023 after reporting a 28% year-over-year increase in Q3 revenue to $746 million and a 65% increase in prepaid license revenue over the same period. period to 300 million dollars– The chief executive officer of British chip technology company Arm, which is owned by Softbank, told Reuters on Tuesday that the company is committed to floating the stock market this year.
