Arm reports record royalties but total revenues slide

silversurfer

Level 85
Thread author
Verified
Honorary Member
Top Poster
Content Creator
Malware Hunter
Well-known
Aug 17, 2014
10,511
Chip designer Arm reported record revenues for its latest quarterly trading update as it continues to diversify the business beyond licensing.

For its second quarter ending 30 September - Arm’s 2022 financial year ends in March 2023 somewhat counterintuitively - royalty revenues jumped to $463.2 million from $378.2 million in the prior year period. For the arithmetically challenged, that is a 22.47 percent rise.

Yet total revenues were down 16 per cent to $655.85 million due to a 53 percent plunge in licensing to $192.7 million, a company spokesperson told The Register.

This reflects the more spikes nature of licensing and highlights why Arm is keen to build royalties. “This spike was due to the timing of revenue recognition of two major licenses that were signed in prior periods,” Arm said.
All market segments for royalties grew, Arm said, with new highs reached for both the automotive line of business as ADAS adoption “continues to drive more advanced computing in cars”, and in IoT.
 

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top