Steve10
Regular
From ARM last quarterly.
Arm made a profit before tax and depreciation of USD $450 million NPAT / $746M revenue = 60.32%.
The company’s royalty revenue was $446 million, up 12 percent year-on-year. Arm-based chips going into servers and automobiles were partly responsible, along with Armv9 architecture processors being adopted in premium smartphones and cloud server applications.
“The world’s data centers, IoT systems, automobiles and next-generation consumer devices all need more and more power efficient computing capabilities, fueling the long-term demand for Arm technology and innovation,” said Rene Haas, CEO of Arm, in a statement.
SoftBank said it was still working towards the staging of an initial public offering of shares in Arm sometime in calendar or fiscal 2023. Such an IPO could value Arm at about US$60 billion and as such is central to refinancing SoftBank which has struggled during the recent downturn.
Arm made a profit before tax and depreciation of USD $450 million NPAT / $746M revenue = 60.32%.
Four strategic wins
Arm’s licensing revenue was US$300 million, up 65 percent year-on-year. The company said it had signed strategic long-term agreements with four customers – an automotive OEM, a cloud service provider, a leading microcontroller vendor, and a vendor of semiconductors for consumer electronics.The company’s royalty revenue was $446 million, up 12 percent year-on-year. Arm-based chips going into servers and automobiles were partly responsible, along with Armv9 architecture processors being adopted in premium smartphones and cloud server applications.
“The world’s data centers, IoT systems, automobiles and next-generation consumer devices all need more and more power efficient computing capabilities, fueling the long-term demand for Arm technology and innovation,” said Rene Haas, CEO of Arm, in a statement.
SoftBank said it was still working towards the staging of an initial public offering of shares in Arm sometime in calendar or fiscal 2023. Such an IPO could value Arm at about US$60 billion and as such is central to refinancing SoftBank which has struggled during the recent downturn.