Printed from http://www.electronista.com

ARM Q2 profits similar to Q1, 30-percent year-on-year improvement

updated 05:59 am EDT, Wed July 24, 2013

Litigation costs only low note in ARM quarterly report

ARM has made a marginal improvement to its revenues in recent months, according to the latest quarterly results. Revenues of $171.2 million ($264.3 million) for the second quarter are slightly higher than the 170.3 million ($263.9 million) in the previous, and represents a year-on-year increase of around 25 percent.

While the slightly higher revenues are good news, its quarter-to-quarter profits have dropped slightly, from 89.4 million ($136 million) to 86.6 million ($133 million), though this is still a 30-percent improvement on the 66.5 million ($102.2) earned in the same quarter last year.

During the quarter, ARM managed to sign 25 processor licenses, including five for Cortex-A chips and seven for Mali graphics processors. Shipments of ARM-based chips are now at 2.4 billion, up 20-percent year-on-year.

The only real upset in the quarterly report is that the company incurred 41.8 million ($64.2 million) in costs listed as "ARM's contribution to a full and final settlement of certain patent related litigation." The report does not mention the other parties involved in the legal action.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Patriot Supersonic Rage XT 128GB USB drive

USB thumb drives are getting larger by the day, their growth speeding along with the availability and expansion of memory chips. But h ...

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Sponsor

toggle

Most Commented

 
toggle

Popular News