Adjusted pretax profit rose 19% to £95.5M.
Revenue climbed 15% to £189.1M, topping estimates of £181.8M, although growth was limited by slower sales of chips for high-end smartphones.
Processor royalty revenue +7% in U.S.-dollar terms and licensing revenue +26%.
2.9B chips using ARM technology shipped, +16%.
Signed 26 processor licenses.
ARM has "a strong opening order backlog and a healthy pipeline of licensing opportunities," and it expects full-year 2014 processor royalty revenues "to grow at a similar rate to that reported over the last three years." The company also forecasts overall revenue to be in line with market expectations.
Shares -4.35% in London. (PR)