ARM Holdings plc (ARMH) Reports Q2 EPS of 7p; Offers Outlook

ARM Holdings plc (NASDAQ: ARMH) reported Q2 EPS of GBP0.07, versus GBP0.05 reported last year. Revenue for the quarter came in at GBP228.5 million, versus GBP187.1 million reported last year.

Outlook

ARM enters the second half of 2015 with a robust pipeline of opportunities for licensing. Available industry data for the second quarter, being the shipment period for ARM’s Q3 royalties, points to a small sequential increase in industry revenues. Royalty revenue can grow faster than the overall industry due to increasing royalty per chip in mobile devices, and share gains beyond mobile. Assuming macroeconomic uncertainty does not further impact consumer spending we expect overall Group dollar revenues for full year 2015 to be in-line with current market expectations.

Simon Segars, Chief Executive Officer, said:

“Q2 2015 has been a strong quarter for ARM with a highly diverse range of leading companies choosing to license ARM’s latest processors and physical IP for their future product developments. ARM has been investing in advanced technology products for mobile devices, automotive applications and enterprise infrastructure, and in Q2 ARM signed licences for many of these new products. This licensing activity will help to grow the royalty revenue opportunity for years to come.

As the addressable market for ARM technology grows, we continue to invest in the development of innovative products to support long-term returns for shareholders.”

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

You May Also Be Interested In

• Outlook Therapeutics (OTLK) Misses Q3 EPS by 9c
• Prosensa Holding N.V. (RNA) Reports Q2 Loss of $1.18
• DeFi Technologies Inc. (DEFT) Reports Q2 Loss of $0.04