ARM Holdings Posts Strong Q4, Proposes Dividend Increase
ARM Holdings has reported strong numbers for its Q4 and fiscal 2012 results. For the quarter, the British semiconductor company's revenue advanced 19% year over year to an equivalent of $263 million, while net profit grew by 28% to $66.8 million, or $0.15 per diluted share. Pre-tax profit rose 16% to $125.8 million.
On average, analysts had been expecting around $241 million in revenue and a pre-tax profit of $118.8 million.
For the full year, the top line came in at $907 million, and net was $253 million. Those figures were 17% and 43% higher, respectively, than 2011's results.
The company's board has proposed a per-share dividend for the quarter of 2.83 pence, or roughly $0.04, a 35% raise from the 1.67 pence ($0.03) it paid out last October. If approved by shareholders, the dividend will be paid on May 17 to shareholders of record as of April 19.
The article ARM Holdings Posts Strong Q4, Proposes Dividend Increase originally appeared on Fool.com.
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