Feeds

ARM Q2 profits swell

Royalties and licensing revenues up

  • alert
  • submit to reddit

The essential guide to IT transformation

ARM saw revenues rise during Q2, growing 5.4 per cent sequentially and a more impressive 17.5 per cent year-on-year to £36.9m.

That yielded income before tax of £10.4m (0.7p a share), up almost 60 per cent £6.6m (0.4p a share) in Q2 2003 and from £9.4m in Q1 and, the company said today.

During the three months to 30 June 2004, ARM signed three new processor licensees and sold 20 design licences to them and other partners. Licence sales totalled £14.6m, up from the previous quarter's £14m and Q2 2003's £12.7m. In all three periods, licensing amounted to around 40 per cent of ARM's business.

Royalties from licensees' products totalled £13.9m, up from £13.4m last quarter and £10.2m last year. Comparing Q2 2003 to Q2 2004, unit shipments leapt 58.9 per cent from 180m to 286m, but the latter represents a more modest three per cent increase over Q1's 278m.

Further contributing to ARM's bottom line was a cash generation gain of £13.5m, though this was offset by a dividend payment of £6.1m. ARM quit the quarter with £166.3m in the bank.

Full details of ARM's results, including its six-monthly totals, can be found here.

Looking ahead, the company reiterated its forecast of full-year revenues of £150m, up from £128m last year. ®

Related stories

ARM unveils multi-core chip design
ARM to take £6.4m hit to end Herodion fight
TI builds graphics hardware into mobile chip
Chips are up at ARM Holdings
ARM buys fabless SoC maker

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
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.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?