ARM banking on second half improvement - ARM Holdings (LON:ARM) - TopicsExpress

ARM banking on second half improvement - ARM Holdings (LON:ARM) has made an encouraging start to 2014, but is banking on a second half improvement in the semiconductor industry to meet expectations. Underlying revenues in dollar terms were up 16% to US$305.2mln in the first quarter of 2014 from US$263.9mln, and were up 10% in sterling terms. In dollar terms, processor licensing revenue was up 38% year-on-year, while underlying processor royalty revenue rose 8%, though... ow.ly/2FWg4g

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