ARM Q2 2011 results
ARM Holdings announced an impressive set of Q2 results yesterday morning easily surpassing the markets expectations.
Pre-tax profits for the quarter was £54.2M, up from £43.5M (25% increase) in the same quarter in 2010. Revenue was $190.2M, up from $150.3M (27% increase). Pre-tax profits for the half year was £104.9M, up from £81.1M (29% increase) in the same half in 2010. Revenue was $375.7M, up from $293.6M (28% increase).
“In the first half of 2011, we have seen strong license revenues driven by an increase in design activity around ARM technology across a broad range of end applications. Major semiconductor vendors and consumer electronics companies are making long-term commitments to using ARM technology in their future product developments, underpinning growth in ARM’s long-term royalty revenues.”
Some Points of Interest
- 1.1 billion processor shipped in Q2
- Next generation Operating System will work natively on ARM; Windows 8, Google Chrome OS
- Mali GPU now shipping in high volumes, which in turn is helping drive the Mali Development ecosystem
- 29 licenses signed in Q2; 68 in H1
- Two Additional licensee of the Cortex-A15 processor. Current announced licensees are; Broadcom, Fujitsu, LG, Samsung, ST Ericsson & Texas Instruments
- ARM continues to grow faster than the Semiconductor Industry in all target markets
- Processor IP at different node levels progress; 32nm in production, 28nm delivered to lead partners, and 14nm in development
- New Cortex-A series processor on 2011 roadmap for smartphones and Digital TV
- An interim dividend of 1.39 pence per share, an increase of 20% over the 2010 interim dividend of 1.16 pence per share. This interim dividend will be paid on 5 October 2011 to shareholders on the register on 9 September 2011.