ARM Holdings Q1 Profit Rises - Quick Facts

(RTTNews) - ARM Holdings Plc (ARMH, ARM.L) Wednesday reported first-quarter profit before tax of 78.0 million pounds, higher than 67.1 million pounds in the previous year.

On a per share basis, earnings were 4.4 pence, compared to 3.7 pence per share last year. Normalised earnings increased to 5.60 pence from 5.31 pence a year earlier. The chipmaker said its quarterly revenues grew to 186.7 million pounds from 170.3 million pounds a year ago.

Looking ahead, ARM noted that its pipeline of licensing opportunities remains healthy for the second quarter and the rest of the year. The firm expects Group dollar revenues for the full year 2014 to be in line with market expectations.