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Wireless

ARM quarterly profit up by 33%

Tuesday 21 April 2015 | 09:25 CET | News
ARM Holdings reported first-quarter revenues up 22 percent to GBP 227.5 million. In dollars, the figure rose 14 percent to USD 348.2 million, with 31 percent growth in royalty revenue offsetting a 2 percent fall in licensing revenue. The group added 30 new processor licences in the quarter, and shipments of products based on its licences rose 31 percent year-on-year. The chip designer increased its adjusted operating margin to 51.7 percent from 50.4 percent a year ago, and pretax profit rose by a third to GBP 103.4 million. Earnings per share were up 36 percent to 6.0 pence, and ARM generated

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Categories: Mobile & Wireless
Companies: ARM
Countries: World
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