ARM Holdings plc (ARMH) Misses Q4 EPS by 1c

ARM Holdings plc (NASDAQ: ARMH) reported Q4 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $407.9 million versus the consensus estimate of $398.12 million.

Outlook

ARM enters 2016 with a robust opportunity pipeline for licensing helped by the introduction of new ARM technologies and our expanding market opportunities. Chips based on ARMv8-A technology are expected to continue to gain share in mobile and enterprise markets, and the higher royalty rate earned on these products helps to underpin growth in royalty revenues.

Increased economic uncertainty may influence consumer and enterprise spending, potentially impacting semiconductor revenues and industry confidence. Based on current conditions in the semiconductor market, we expect Group dollar revenues for the full year to be broadly in line with market expectations.

Simon Segars, Chief Executive Officer, said:

“2015 was a strong year for the shipment of chips containing advanced ARM technology, and momentum continued through the fourth quarter. During the year ARMv8-A surpassed 50% share of smartphone shipments, Mali became the industry’s highest-shipping GPU architecture, and our Partners increased their shipments into enterprise infrastructure and embedded markets.

Demand for our technology is increasing, and during the quarter we signed multiple licences for the next generation of high-performance and secure ARM processors. Our increased investments in both 2015 and 2016 will help us meet demand by extending the capabilities of our technology and the ecosystem, and will support long-term growth and returns for shareholders.”

For earnings history and earnings-related data on ARM Holdings plc (ARMH) click here.

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