ARM Holdings plc (ARMH) Tops Q2 EPS by 2c; Boosts Dividend by 20%

ARM Holdings plc (NASDAQ: ARMH) reported Q2 EPS of $0.28, $0.02 better than the analyst estimate of $0.26. Revenue for the quarter came in at $309.6 million versus the consensus estimate of $306.32 million.

ARM enters the second half of the year with a healthy pipeline of opportunities that is expected to both underpin
continued strong licence revenue and give rise to an increase in the level of backlog. Market data indicates improving semiconductor industry conditions, leading to the expectation of an acceleration in royalty revenue growth in H2 2014. Given these dynamics, we expect Group dollar revenues for full year 2014 to be in line with market expectations.

In respect of the year to 31 December 2014, the directors are declaring an interim dividend of 2.52 pence per share, an increase of 20% over the 2013 interim dividend of 2.1 pence per share. This interim dividend will be paid, out of the UK GAAP distributable reserves of ARM Holdings plc, on 3 October 2014 to shareholders on the register on 5 September 2014.

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

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