Feeds

Licensing drives MIPS Q4 revenue gains

Future looks rosy

  • alert
  • submit to reddit

Reducing security risks from open source software

MIPS Technologies has posted profits of $4.6 million on revenue of $17.8 million for its fourth quarter ended 30 June. Year-on-year, those figures represent an increase in revenue of 62 per cent, though no increase at all in post-tax profitability. The bulk of the revenue gain came from the company's licensing programme. With the end of the quarter, MIPS also completed its first year as a public company after being spun off from SGI. For the year as a whole, it made $71.67 million, an increase of 26 per cent on the previous year, leading to net income of $22.7 million, compared to $376,000 for fiscal 1998. Again, you can see how licensing its processor technology helped MIPS: in fiscal 1998 only one per cent of its revenue came from licensing -- this time round the figure was 17 per cent. MIPS now has a good array of licensees, most notably graphics company ATI, which is basing its set-top box reference design on a MIPS chip, and Sony, which used the same technology to power its robot dog (MIPS can't afford to be too choosy, after all). Almost all of MIPS' partners are operating in the embedded arena, which will always be more lucrative than the desktop CPU market MIPS originally targeted. That suggests a very positive future for the company, particularly if it can continue to expand the revenue it receives from licensing. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.