1-112Gbps Medium Reach (MR) and Very Short Reach (VSR) SerDes
RISC supplier Arm posts stronger-than-expected revenues
RISC supplier Arm posts stronger-than-expected revenues
By Semiconductor Business News
October 11, 2000 (2:23 p.m. EST)
URL: http://www.eetimes.com/story/OEG20001011S0006
CAMBRIDGE, England -- Demand for embedded RISC design cores pushed revenues higher than expected in the third quarter at Arm Holdings plc Ltd. here. The processor core supplier today reported revenues grew 68% to £26.4 million ($38.3 million) in the period, ended Sept. 30, compared to £15.7 million ($22.8 million) last year. Arm's net income for the third quarter was £7.2 million ($10.4 million) vs. £2.8 million ($4.1 million) in the period last year. "Revenue growth for the third quarter was stronger than expected, with higher royalty revenues accounting for most of the increase," said Jonathan Brooks, chief financial officer at Arm Holdings. "Our development systems business, which we regard as a leading indicator of design win activity, had another strong quarter, making up around 14% of revenues. "Licensing activity continues with three new partners during the quarter and a further seven licenses sold to existing part ners," said the CFO. "As expected, operating margins declined to around 30% in the third quarter, a couple of points lower than in the first half of the year. "The outlook for the rest of the year remains strong," Brooks added.
Related News
Breaking News
- Ceva multi-protocol wireless IP could simplify IoT MCU and SoC development
- Controversial former Arm China CEO founds RISC-V chip startup
- Fundamental Inventions Enable the Best PPA and Most Portable eFPGA/DSP/SDR/AI IP for Adaptable SoCs
- Cadence and TSMC Collaborate on Wide-Ranging Innovations to Transform System and Semiconductor Design
- Numem at the Design & Reuse IP SoC Silicon Valley 2024
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Qualitas Semiconductor Appoints HSRP as its Distributor for the China Markets
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Credo at TSMC 2024 North America Technology Symposium
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
E-mail This Article | Printer-Friendly Page |