No, its not too late at all. Just put the best, lowest viscosity CA or crazy glue in that location and wipe the excess within about five seconds. Maybe a hair longer depending on your ambient humidity and temperature. Lowest viscosity because the glue must find its way into the seam. You must maintain closing pressure between top and bottom shell on that location until the glue dries. Easy on the crazy glue. Just enough for it to get into the seam but not so much to drip around the arm. When gluing, you can also put some in the screw crack, but that one now isn't as crucial as the seam from screw hole area on out to the end. One side first, phantom laying on its side on your lap so that the glue goes in the seam vertically. The result on my bird is a far stronger arm that resists twisting forces much better than new with zero wobble. While I can no longer open my phantom, I don't plan on going in there anyway and if I did I would just open the shell with a hot knife and put all the internals in a new shell which I would also glue. Glue until DJI builds shelss that are up to the task of not cracking.
If I was to go the glue route, should I glue the shells together all the way around or just glue around the arms from one mounting screw to the other?