ARM sales leap, record processor licences signed
A record 54 processor licences were signed and one new subscription licence was signed with a major Chinese OEM.
Other points highlighted by ARM include:
7 ARMv8-A processor licences signed, including three lead licences for next-generation processors
9 Mali multimedia processor licences were signed, including three licences for future technology
5 POP IP licences signed, including one for a future processor optimised for a FinFET process
3.4 billion ARM-based chips were shipped, up 26% year-on-year
Royalty revenue rose 30% to $175 million and licensing revenue rose 3% to $151 million.
Gross margin was 96.3%. Operating margin was 52.9%.
£93.3 million cash was generated in the quarter. Net cash at 30 June 2015 was £903.8 million compared to £861.7 million at 31 December 2014.
“Q2 2015 has been a strong quarter for ARM with a highly diverse range of leading companies choosing to license ARM’s latest processors and physical IP for their future product developments. ARM has been investing in advanced technology products for mobile devices, automotive applications and enterprise infrastructure, and in Q2 ARM signed licences for many of these new products. This licensing activity will help to grow the royalty revenue opportunity for years to come,” says ARM CEO Simon Segars.
“As the addressable market for ARM technology grows, we continue to invest in the development of innovative products to support long-term returns for shareholders.”