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ARM Reports Results for 2010

Tue, 02/08/2011 - 4:15am
UK, 1st February - ARM Holdings has announces its unaudited financial results for the fourth quarter and full year ended 31st December 2010. The company saw full-year revenues of $631.3 million, up 29% on 2009. It gained 35 new processor licenses during its fourth quarter, with its quarterly revenue reaching $179.6 million, up from $140.0 million for the same time last year. Warren East, its CEO, stated “As the industry chooses ARM technology in a broadening range of electronic products, it further drives our long-term royalty opportunity. The growth in licensing and royalty revenues, throughout 2010, has combined to deliver our highest ever annual revenues, profits and cash generation. 2011 will bring exciting opportunities and challenges as ARM enters competitive new markets and we are well positioned to succeed with leading technology, an innovative business model and a thriving ecosystem of partners.”

www.arm.com

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