ARM's latest quarterly earnings show a 44-percent spike in profit and revenue is up 26 percent year-on-year.
The British chip designer saw its revenue hit $263.9 million, up from $209.4 million a year ago. Its operating margin is up as well, 50.5 percent compared to 44.5 in Q1 2012. Earnings per share shot up from 3.36 pence to 5.31 pence. A total of 2.6 billion ARM-based chips were shipped in the first quarter, up 35 percent year-on-year.
Basically ARM is looking good across the board.
The company scored 22 processor license wins in the first quarter and it claims it has managed to increase its royalty percentage per chip. It also signed three big.LITTLE licenses, along with a license for Skrymir, the company’s most advanced graphics processor.
“Everyday devices are becoming smarter, more connected and more energy efficient, which is increasing the applicability of and demand for ARM's technology,” said ARM CEO Warren East.
“In particular, this quarter ARM saw strong uptake of its next generation, higher royalty bearing ARMv8, Mali and big.LITTLE technology for smartphones and mobile computers.”
Looking down the road ARM expects to maintain strong growth through 2013, in line with current market expectations.