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Arm Holdings plc (ARM) Q3 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Arm Holdings plc (ARM) Q3 2026 Earnings Call February 4, 2026 5:00 PM EST

Company Participants

Jeffrey Kvaal – VP & Head of Investor Relations
Rene Haas – CEO & Director
Jason Child – Executive VP & CFO

Conference Call Participants

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Joseph Quatrochi – Wells Fargo Securities, LLC, Research Division
Simon Leopold – Raymond James & Associates, Inc., Research Division
Vivek Arya – BofA Securities, Research Division
Mehdi Hosseini – Susquehanna Financial Group, LLLP, Research Division
Vijay Rakesh – Mizuho Securities USA LLC, Research Division
Sreekrishnan Sankarnarayanan – TD Cowen, Research Division
Harlan Sur – JPMorgan Chase & Co, Research Division
Yu Shi – Needham & Company, LLC, Research Division
Srinivas Pajjuri – RBC Capital Markets, Research Division
Andrew Gardiner – Citigroup Inc., Research Division
John DiFucci – Guggenheim Securities, LLC, Research Division
Timm Schulze-Melander – Rothschild & Co Redburn, Research Division

Presentation

Operator

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Good day, and thank you for standing by. Welcome to the Arm Third Quarter Fiscal Year 2026 Webcast and Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your first speaker today, Jeff Kvaal, Head of Investor Relations. Please go ahead.

Jeffrey Kvaal
VP & Head of Investor Relations

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Thank you very much, and welcome to our third quarter fiscal ’26 earnings call. On the call are Rene Haas, Arm’s Chief Executive Officer; and Jason Child, Arm’s Chief Financial Officer.

During the call, Arm will discuss forecasts, targets and other forward-looking information about the company and its financial results. All of these statements represent our best current judgment about future results. Our business is subject to many risks and uncertainties that could cause actual results to differ materially. In addition to any risks that we highlight during this call, important risk factors that may affect our future results and performance are described in our registration statement on Form 20-F

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Homes plan thrown out for being too close to industrial park

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Planners warn development could mean ‘subsequent pressure to restrict the current and future activities of businesses’

Bellway provided a site layout for the proposed 83-home estate in Atherton

Bellway provided a site layout for the proposed 83-home estate in Atherton

Plans to develop a patch of green land into an 83-home estate have been rejected.

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Bellway Homes had proposed to build the houses on land close to Tyldesley Old Road and Douglas Road, Atherton, immediately next to the Chanters industrial estate.

The developer described its vision for the estate as ‘creating a sustainable urban extension for the area by working with the sites own features and wider landscape character’.

But planners at Wigan council have this week rejected the project, saying any future occupiers of the homes could be affected by the industrial nature of the area because of its proximity and the noise from Chanters employment park.

A planning report said: “Officers have concluded that the proposed development conflicts with policies within the local plan in that it cannot be satisfactorily delivered.

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“The applicant has failed to address these site constraints effectively through the provision of physical and green infrastructure needed.

“Furthermore, officers have concluded that if the development was delivered if would lead to subsequent pressure to restrict the current and future activities of businesses within the industrial estate.

“The proposed development would not achieve an acceptable standard of residential amenity in relation to noise.”

In a design and access statement supporting the plans, Bellway said the site area covers 8.28 acres and is bounded by ‘roads, residential and light industrial commercial buildings together with open land and woodland’.

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The report said: “The site is located within a predominantly residential area and is bounded by existing houses to the west across Douglas Road.

“The site is also bound by light industrial and commercial infrastructure to the east and south, as well as open land and woodland to the north.”

It characterised the land as being in ‘a suburban residential area’. The council received 15 objections to the application.

Among the reasons given for opposition were ‘future residents would be impacted by proximity to industrial estate’, that Douglas Road is not wide enough for proposed access and that it is too close to electricity pylons and overhead lines.

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Ward councillor Debra Wailes also objected. She said the site was a natural buffer between the houses on Douglas Road and the Chanters industrial estate and the mature tree line which supports this buffer zone would be destroyed.

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New neighbourhoods with thousands of homes planned in move to shape region ‘for generations to come’

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Council chief says ‘This is about more than just building new homes – it’s about shaping places where families can grow ‘

Illustrations showing cycle paths and new houses.

Artists’ impressions of the new developments at Elton Reservoir, Walshaw, and Simister & Bowlee(Image: Bury Council)

Details of a plan to build three new neighbourhoods in Bury with almost 6,000 homes have been revealed.

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Plans for Elton Reservoir, Walshaw and Simister Bowlee will feature three new primary schools, new health facilities, five new community centres, as well as sports pitches and playgrounds.

Formerly greenbelt land, the three areas have been allocated for housebuilding under the Places for Everyone masterplan since 2024.

Townhall bosses are due to approve draft development frameworks at a scrutiny meeting on Tuesday, February 10. Members of the public will then be invited to comment on the schemes, which will help shape the final masterplans.

Council leader Eamonn O’Brien said: “This is about more than just building new homes – it’s about shaping places where families can grow and where people have the schools, transport links, and amenities they need to thrive. Together, these developments will provide lasting benefits for Bury and the wider region for generations to come.”

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A draft map for the Elton Reservoir development. Yellow marks the new residential areas, red shows 'mixed use spaces'.

A draft map for the Elton Reservoir development. Yellow marks the new residential areas, red shows ‘mixed use spaces’(Image: Bury Council)

Elton Reservoir

Elton Reservoir, an area just half a kilometre north of Radcliffe town centre, would be turned into 3,250 new homes. Around half the site would be retained as green space around the reservoir itself.

Six new residential areas would be built to the south and south-west of the lake, with a mixture of housing types – including around 25 per cent affordable and social housing. The plans also include a new two-form primary school, with the Star Radcliffe Academy secondary school at Spring Lane already due to be completed by summer 2026.

The masterplan also includes three high street areas, which could host retail, health and/or community centres.

A draft map of the new Walshaw neighbourhood.

A draft map of the new Walshaw neighbourhood(Image: Bury Council)

Walshaw

Located between Walshaw Village and Woolfold, the agricultural area would house up to 1250 homes once the plans are approved. Around 300 of the houses would be classed as affordable – a mixture of affordable and social rent, and affordable homes to buy.

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The site will retain space for a new primary school, as well as a new playing pitch and plenty of green spaces.

The plans feature several new highways, with incorporated active travel elements such as bike lanes.

In the plans produced by Stantec on behalf of the council, a consultant writes: “This development will aid the creation of neighbourhoods for Elton and Walshaw where residents can access everyday facilities on foot, whilst staying well connected to high quality services and jobs through convenient, direct and sustainable travel links.”

The Simister / Bowlee development will feature a new highway system and affordable housing.

The Simister / Bowlee development will feature a new highway system and affordable housing(Image: Bury and Rochdale Council)

Simister/Bowlee

The Simister & Bowlee site straddles the border of Bury and Rochdale, in a wedge of land between Prestwich and Middleton. A total of 1,550 new homes are tipped for the site, with around 1,350 of them falling on the Bury side.

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The neighbourhood is intended as an extension of Atom Valley, a project to build facilities for advanced manufacturing and engineering jobs in the Northern part of Greater Manchester. The new residential area could house employees at a convenient distance from the new workplaces.

Coun Neil Emmott, leader of Rochdale council, said: “This new framework represents another important step forward for this area as part of the wider Atom Valley project, which will create thousands of highly skilled jobs and new homes in Rochdale and Bury.”

In the draft plan prepared by both local authorities, the homes would once again be a mixture of commercial and affordable housing, and come with an upgraded local highway network. Green spaces and a local centre, which could include health centres and shops, are also a part of the plan.

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