ARM Posts £69M Profit in Q4ARM Posts £69M Profit in Q4

ARM Posts £69M Profit in Q4

January 31, 2012

3 Min Read

CAMBRIDGE, U.K. -- ARM Holdings plc announces its unaudited financial results for the fourth quarter and full year ended 31 December 2011.

Table 1: Q4 2011 -- Financial Summary (Normalized)

Q4 2011

Q4 2010

% Change

Revenue ($m)

217.0

179.6

21%

Revenue (�m)

137.8

113.9

21%

Operating margin

48.2%

41.1%

-

Profit before tax (�m)

69.0

47.6

45%

Earnings per share (pence)

3.71

2.90

28%





Table 2: Q4 2011 -- Financial Summary (IFRS)

Q4 2011

Q4 2010

Revenue ($m)

217.0

179.6

Revenue (�m)

137.8

113.9

Operating margin

34.2%

30.1%

Profit before tax (�m)

49.7

34.9

Earnings per share (pence)

2.40

2.19





Progress on key growth drivers in Q4

  • Growth in adoption of ARM processor technology
    - 25 processor licenses signed, including the first lead licenses for processors based on the new ARMv8-A architecture
    - 9 Cortex-A and 8 Cortex-M family processor licenses signed o Many of the advanced processor licenses signed with companies developing smarter consumer electronics technology such as digital TVs, mobile computers and smartphones

  • Growth in shipments of chips based on ARM-processor technology
    - 1.2 billion chips shipped into mobile phones and mobile computers, up 10% year-on-year
    - 1.0 billion chips shipped into consumer and embedded digital devices, up 40% year-on-year

  • Growth in outsourcing of new technology
    - Physical IP: 20nm royalty-bearing platform signed with major foundry and 3 Processor Optimisation Pack (POP) licenses signed for Cortex-A series processors
    - Mali Graphics: 5 Mali licenses signed for digital TV, mobile computing and smartphones

    Warren East, Chief Executive Officer, said: "In Q4 and throughout 2011 ARM has seen strong licensing growth, driven by market-leading semiconductor companies increasing their commitment to ARM technology, and more new customers choosing ARM technology for the first time. We have also seen our royalty revenue continue to grow faster than industry revenues as the ARM Partnership gains share in our target markets.

    2012 will bring 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. As our customers are designing more ARM technology into their widening product portfolios, ARM is investing in the development of new products. These products will drive further long-term growth in our revenues, profits and cash."

    ARM Ltd.

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