Success flies in the face of the downturn...
Published: 23 July 2001 11:00 GMT
Shares in UK chip firm ARM rose 10 per cent in early trading today as strong quarterly figures defied the abysmal market conditions for the semiconductor sector.
ARM's profits rose 46 per cent on the equivalent quarter last year, with revenues up 56 per cent. Profit of £12.2m on revenue of £36m beat expectations.
Robin Saxby, CEO of ARM, said a decline in revenues from chip shipments had been more than offset by increased sales from licensing and consulting services. ARM also said its business model enabled it to predict future revenues with more confidence than many other firms, giving it a positive outlook for the rest of the year.
ARM's results are particularly impressive given the depth of gloom in the semiconductor market. Many sectors of the chip market are currently experiencing their sharpest ever decline in sales.
As such they have showed impressive growth figures in revenue, employee base and service offerings over the last 12 months. The Company With over 17 ...
Their focus on public sector and corporate accounts has enabled them to show significant growth figures year over year. This customer focused ...
Or be an experienced Armed Forces ARM practitioner with equivalent experience. Trained, qualified and experienced in the application of ARM. ...
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