ARM Holdings net profit +20%, revenue +10%

ARM Holdings' (ARMH) Q1 net profit rose to £62.3M ($104.7M) from £51.9M a year earlier.

EPS increased to 4.4 pence from 3.7 pence.

Revenue climbed 10% to £186.7M ($305.2M).

Adjusted pretax profit rose 9% to £97.1M.

Processor licensing revenue +38% in dollar terms; underlying processor royalty revenue +8%.

2.9B chips using ARM technology shipped, +11%.

ARM signed 26 processor licenses across multiple markets, including mobile computing, enterprise networking and chips for "Internet of Things" devices.

ARM's pipeline "remains healthy for Q2 and the rest of the year," the company said. It expects FY dollar revenues to be in line with market expectations, assuming the semiconductor industry improves in H2, as is generally anticipated. Consensus is for $1.31B.

Shares are -2% in London. (PR)

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Comments (1)
  • Volcano Steve
    , contributor
    Comments (42) | Send Message
    The elephant in the room was intels power to devastate their smartphone/ business. A couple of analysts on the call gently hinted at this and the responses nervously rambled away without addressing the Intel issue directly.
    23 Apr 2014, 06:14 AM Reply Like
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