ARM reported Q2 revenues of $357.1m, corresponding to an increase of 2.6% sequentially and 15.3% yoy. Converted into sterling, revenues reached £228.5m, flat sequentially (+0.4%) but up 22.1% yoy. In line with Q1, licensing revenues have been flat yoy (+3.4%), while royalty revenues have displayed substantial growth (+29.8%), despite decreasing sequentially (-4.8%). Fifty-four licences have been signed during the quarter, a record for the company, of which eight were v8 licences (seven
22 Jul 2015
Results slightly below expectations; is a new inventory correction ahead?
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Results slightly below expectations; is a new inventory correction ahead?
ARM reported Q2 revenues of $357.1m, corresponding to an increase of 2.6% sequentially and 15.3% yoy. Converted into sterling, revenues reached £228.5m, flat sequentially (+0.4%) but up 22.1% yoy. In line with Q1, licensing revenues have been flat yoy (+3.4%), while royalty revenues have displayed substantial growth (+29.8%), despite decreasing sequentially (-4.8%). Fifty-four licences have been signed during the quarter, a record for the company, of which eight were v8 licences (seven