LONDON – Processor intellectual property licensor ARM Holdings plc (Cambridge, England) has reported a rise in fourth-quarter revenue of 19 percent compared with the year before.
The company reported a profit before tax of $80 million on revenues of $262.8 million for the fourth quarter. This compared with a profit before tax of $68.1 million on revenue of $227.9 million in the third quarter of 2012.
ARM experienced a strong growth in shipments and royalties on an annual basis. Some 2.5 billion chips containing ARM IP shipped in the quarter and processor royalties grew 21 percent year-on-year, driven by strong growth in Cortex-A and Mali-based chips, the company said.
ARM's royalty revenues for 1Q13 are based on chip shipments in 4Q12 providing the company with good insight into the coming quarter. ARM said it expects total revenues in 1Q13 to about $250 million, which would be 4.9 percent down on the company's 4Q12 revenue.
Full year dollar revenues were $913.1 million, up 16 percent on 2011.