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ARM Holdings plc (ARMH) Reports Q2 EPS of GBP0.09

July 27, 2016 9:35 AM EDT

ARM Holdings plc (NASDAQ: ARMH) reported Q2 EPS of GBP0.09, versus GBP0.07 reported last year. Revenue for the quarter came in at GBP267.6 million, versus GBP228.5 million reported last year.

Simon Segars, Chief Executive Officer, said:

“Our royalty revenue growth continues to outperform the wider semiconductor industry, driven by market share gains and the increasing adoption of ARM’s latest technologies. With more end-users selecting ARM technology for products ranging from sensors to satellites to supercomputers, we expect this outperformance will continue.

“ARM is continuing to invest in products that will support our partners’ roadmaps as they develop next-generation technologies such as 5G networks, autonomous vehicles and the Internet of Things. Our recent acquisition of Apical enhances our expertise in visual computing, a rapidly-advancing field which is enabling smart buildings, augmented reality, self-driving cars and advanced robotics. As new technologies are created and new markets emerge, ARM will continue to evolve its products and business models to capture the opportunities ahead.”

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



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