ARM sees full-year revenues rise 21%

Chip designer ARM Holdings saw full-year revenues rise 21% from £406.6m to £491.8m in the 12 months ended December 31st.

Chip designer ARM Holdings saw full-year revenues rise 21% from £406.6m to £491.8m in the 12 months ended December 31st.

Pre-tax profits jumped 37% from £167.4m to £229.7m, while earnings per share rose from 9.34p to 12.45p.

Meanwhile, the full-year gross marring, excluding share-based payments costs of £3.5m, improved from 94.3% to 95.1% in 2011.

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The board has recommended a final dividend of 2.09p per share, up 20% on the year before. This gives a total dividend of 3.48p, also an increase of 20%.

BC