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ARM quarterly profit up by 33%
2015-04-21 09:25:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported first-quarter revenues up 22 percent to GBP 227.5 million. In dollars, the figure rose 14 percent to USD 348.2 million, with 31 percent growth in royalty revenue offsetting a 2 percent fall in licensing revenue. The group added 30 new processor licences in the quarter, and shipments of products based on its licences rose 31 percent year-on-year. The chip designer increased its adjusted operating margin to 51.7 percent from 50.4 percent a year ago, and pretax profit rose by a third to GBP 103.4 million. Earnings per share were up 36 percent to 6.0 pence, and ARM generated GBP 68.5 million in cash in the quarter, compared to GBP 40.1 million a year earlier. ARM said it had an encouraging start to 2015 and expects group dollar revenues for the full-year 2015 to be at least in line with current market expectations. For Q2, the market is expected to show a seasonal slowdown.
Tags: profit
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Credit Suisse quarterly profit rises
2015-04-21 08:40:26| BBC News | Business | UK Edition
Credit Suisse says quarterly profit rose by 23% from a year earlier because of gains from its securities trading and wealth management divisions.
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profit
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Oil Search suffers quarterly revenue slump
2015-04-21 05:08:30| Oil & Gas - Topix.net
But the oil and gas producer remains on track to meet its full year production forecasts as it cuts costs to keep its balance sheet in a sound position. Oil Search, which has a 30 per cent stake in the PNG LNG project in Papua New Guinea, said revenue fell 16 per cent to $US472.3 million in the March quarter compared to $US562.1 million in the previous quarter.
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Dover Corp (DOV) Set to Announce Quarterly Earnings on Tuesday
2015-04-20 13:25:33| Industrial Machines - Topix.net
Dover Corp will issue its Q115 quarterly earnings data on Tuesday, April 21st. Analysts expect the company to announce earnings of $0.72 per share and revenue of $1.72 billion for the quarter.
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United Technologies (UTX) to Release Quarterly Earnings on Tuesday
2015-04-20 06:01:21| Industrial Machines - Topix.net
United Technologies will announce its Q115 earnings results on Tuesday, April 21st. Analysts expect the company to announce earnings of $1.45 per share and revenue of $14.91 billion for the quarter.
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