Business Strong Q2 for ARM

Business Strong Q2 for ARM

2013/07/24

Q2 was another good quarter for ARM with revenues of £171m which were up 24% y-o-y, profits of £86m which were up 30% y-o-y, and order backlog up 10%.

“ARM has delivered another quarter of strong revenue and normalised earnings growth,” says Simon Segars, ARM CEO, “we continue to see demand for ARM’s next generation technology, and in Q2 we signed five licenses for Cortex-A series processors, and seven licenses for ARM’s Mali graphics processor, demonstrating our leadership in both low-power processor and 3D graphics technology.”

Cash generation of £96m in the quarter was a record, ARM now has £613m of cash.

25 processor licenses were signed, 5 CortexTM-A processor licenses were signed, 7 Mali graphics processor licenses were signed and 5 further POP IP licenses were signed.

In Q2 the first leading chip designer was enabled to build a 14nm FinFET chip using ARM’s physical IP.

Samsung is using an Mali instead of an Imagination GPU in its Exynos 5 Octa mobile phone chip due for production in Q4.

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