ARM Holdings plc (ARMH) Tops Q1 EPS by 1c

ARM Holdings plc (NASDAQ: ARMH) reported Q1 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $398 million versus the consensus estimate of $397.51 million.

Outlook

At the start of 2016, ARM has seen its current technology gaining share in target end-markets, and strong demand for our next generation of products from a wide range of companies. The licensing pipeline for the rest of the year is robust, with leading companies looking to license ARM technology for their next generation products. We expect that ARMv8-A technology will continue to penetrate in mobile and enterprise markets, and the higher royalty rate earned on these products will underpin future royalty revenues.

Macroeconomic uncertainty remains, and could influence consumer and enterprise spending in 2016, potentially impacting semiconductor sales and industry confidence. Based on current conditions in the semiconductor industry, we expect Group dollar revenues for the full year to be in line with market expectations.

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

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