ARM Reports A 16% Increase In Profit For Q4
ARM Holdings plc, the British semiconductor and software company based in Cambridge, England has reported their Q4 results. Even though the PC market is struggling, ARM still reported some solid results for the quarter ending December 31, 2012.
ARM reported a pre-tax profit of £80 million (around $126 million U.S.) on revenue of £164.2 million (around $262.8 million in U.S.), compared to to pre-tax profits of £69 million ($108 million in U.S.) on revenue of £137.8 million (around $217 million in U.S.) during the same quarter last year.
ARM has licensed their technology over 900 times to over 300 partners. These partners have shipped over 30 billion ARM-based chips according to the company. The net cash generation in Q4 2012 was £74.1 million, (around $117 million U.S.) compared to £51.5 million (around $80.92 million U.S.) in Q4 2011.
Below is a statement from ARM CEO Warren East:
“ARM has seen good revenue and earnings growth throughout 2012. Customers are developing products to meet the needs of the post PC era and are driving demand for ARM’s most advanced technology. In Q4 we again saw influential market-leaders demonstrating their commitment to ARM technology by licensing our latest products.
Royalty revenue has also grown strongly during Q4 underpinned by ARM’s market share gains and an increased royalty percentage from Cortex-A class processors being deployed into smartphones and tablets. 2013 brings exciting opportunities and challenges as ARM enters competitive new markets where we are well positioned to succeed with leading technology, an innovative business model and a thriving ecosystem of partners.”