UK chip design company ARM (LON:ARM) has announced its unaudited Q3 2011 financial figures, for the three months ending September 30.
Revenue was £120.2 million ($192 million), up 20 percent year-on-year.
Profit before tax was £55.8 million, up 47 percent y-o-y.
The company generated £43.7 million in cash during the quarter, while total revenue for the first three quartesr is $568.0 million, up 26 percent (ARM freely mixes dollar and sterling numbers in its accounts).
This growth was driven by 28 processor licensees signed in the quarter, including 14 new customers.
In addition, chip shipment volumes from its licensees were up, 10 percent y-o-y in terms of mobile phones and computers to 1 billion, and up 50 percent to 0.9 billion with respect to consumer and embedded devices.
Wider, deeper
"In the third quarter of 2011, we saw a continued high level of design activity with many new customers licensing ARM technology for the first time, driven by end market requirements for smarter, low-power chips," said CEO Warren East.
"Over the past year we have seen strong growth in shipments of ARM technology-based chips, with a 50 percent increase of shipments into non-mobile markets such as digital TVs, microcontrollers and networking applications.
"Royalty revenues in Q3 have been impacted by the below seasonal growth in the semiconductor industry, but we continue to gain share."
Cash in
The company expects this growth to continue, thanks to its historically high order backlog. Full year sales are predicted to be in line with current market expectations - around $763 million.
ARM ended the quarter with cash, cash equivalents and short-term deposits of £324 million.
[source: ARM (PDF)]
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
News
1 hour, 23 minutes ago
Roblox launches video ads, partnering with IAS to deliver transparent metrics
News
2 hours, 33 minutes ago
LinkedIn gets games as three puzzlers go live on the workplace social service
News
4 hours, 25 minutes ago
Revolutionising feedback: Pocket Gamer Connects partners with AI-powered tool Voop
News
4 hours, 40 minutes ago
Partner events are the latest trend in Monopoly GO!, Royal Match and Project Makeover
Feature
6 hours, 40 minutes ago
AI everywhere: Using neural networks for asset creation, marketing and more
Feature
Apr 30th, 2024
Hear MORE from the experts - eight MORE fabulous fireside chats from PGC London 2024
Events
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 |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
News
Apr 25th, 2024
Everyone loves Nintendo… Delta emulator hits 4.4 million downloads in its first week
News
Apr 23rd, 2024