(CercleFinance.com) – Arm Holdings revealed on Wednesday evening a non-GAAP EPS of $0.36 for the last three months of its 2023-24 financial year, compared to $0.02 a year earlier, with an adjusted operating margin of 42 .1% compared to -0.2% in the last quarter of 2022-23.
At $928 million, the British chip designer’s revenue rose 47%, with increases of 37% for royalties and 60% for licensing revenue, thanks to increased corporate investment in artificial intelligence.
‘AI supports increased demand for our technologies across end markets. From the cloud to the edge, all AI software models, from GPT to Llama, are based and operate on the Arm’ calculation platform, explains its CEO Rene Haas.
Arm thus displays for the entire past financial year an adjusted EPS of 1.27 dollars and revenues of 3.23 billion, exceeding the upper limits of its target ranges, and indicates objectives of 1.45-1, 65 dollars and 3.8-4.1 billion respectively for 2024-25.
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