UK chip design company ARM (LON:ARM) has announced its unaudited Q3 financials, for the three months ending September 30.
The company had revenues of £100.4 million ($158.1 million), up 34 percent year-on-year.
Profit before tax was £38.8 million ($61.3 million), up 60 percent.
The company generated net cash of £65 million ($103 million), up 130 percent.
Trip to Mali
During the quarter, ARM said 900 million of its processors shipped in mobile devices, while 600 million processors were shipped in embedded devices.
It signed 27 licensing deals including two for its advanced Mali GPU.
"Q3 was a good quarter for ARM. Not only are we benefiting from growth in applications where we are the established market leader, including in smartphones and mobile computers, but we are gaining share in markets like digital TV and microcontrollers," said CEO Warren East.
"Our partners are also starting to develop chips in new markets for ARM, such as servers and laptops, creating longer-term opportunities. In addition, both physical IP and Mali graphics performed well with important license wins and increasing royalty revenues.
Cash up
For the quarter, ARM achieved an average of 2.7 chips per mobile handset, up from 2.6 in the prior quarter, and from 2.1 a year ago.
The average royalty per chip increased to 4.7c, from 4.5c in the previous quarter.
ARM ended the quarter with £251.9 million ($398 million) in cash, compared to £202.3 million ($322 million) three months ago.
[source: ARM]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
Top Stories
Feature
Apr 25th, 2024
"Gaming in MENA is just starting. Investment will bring more attention to the region and create more opportunities"
Feature
Apr 24th, 2024
48 top mobile games in soft launch: Squad Busters, CSR 3, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Esports Future Summit | Middle East | Apr 27th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
Feature
Apr 24th, 2024