ARM Holdings Q4 Pre-tax Profit Rises - Quick Facts

(RTTNews.com) - ARM Holdings plc (ARMH, ARM.L) reported an increase in pre-tax profit for the fourth quarter to 49.67 million pounds from 34.92 million pounds a year ago.

Earnings per share were up to 2.4 pence from 2.2 pence in the prior-year quarter.

Earnings per ADS rose to 11.2 cents from 10.3 cents last year.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share. Analysts' estimates typically exclude special items.

Normalized pre-tax profit was 69 million pounds, higher than 47.6 million pounds a year earlier.

Revenues rose to 137.8 million pounds from 113.95 million pounds in the comparable period a year ago.

Warren East, Chief Executive Officer, said,

"In Q4 and throughout 2011 ARM has seen strong licensing growth, driven by market-leading semiconductor companies increasing their commitment to ARM technology, and more new customers choosing ARM technology for the first time. We have also seen our royalty revenue continue to grow faster than industry revenues as the ARM Partnership gains share in our target markets..."

For full-year 2012, the global macro-economic situation remains uncertain and is likely to influence consumer and enterprise spending, thereby potentially impacting semiconductor revenues and industry confidence. Assuming the macroeconomic situation does not deteriorate significantly, ARM expects group dollar revenues for the full-year to be at least in line with current market expectations of just over $860 million.

Further, the directors recommend payment of a final dividend in respect of 2011 of 2.09 pence per share, up 20% from the final dividend paid last year. Subject to shareholder approval, the final dividend will be paid on 18 May 2012 to shareholders on the register on 4 May 2012.

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