Results for the First Quarter ended 31 March 2010


ARM HOLDINGS PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH
2010

A conference call discussing these results will be audiocast today at
08:30 BST at www.arm.com/ir

CAMBRIDGE, UK, 27 April 2010-ARM Holdings plc announces its unaudited
financial results for the first quarter ended 31 March 2010,
demonstrating continuing progress against its strategy with highest
ever unit shipments leading to record royalty revenues, profits and net
cash generation.

Q1 2010 - Financial            Normalised*                   IFRS
Summary
                          Q1 2010  Q1 2009  % Change   Q1 2010  Q1 2009

Revenue ($m)               143.3   120.9      19%       143.3    120.9
Revenue (GBPm)              92.3    79.9      16%        92.3     79.9
Operating margin           40.0%   29.5%                27.3%    15.9%
Profit before tax (GBPm)    37.6    23.9      57%        25.9     13.1
Earnings per share (pence)  2.04    1.38      49%        1.47     0.77
Net cash generation**       43.8    15.2
Effective revenue fx rate   1.55    1.51
($/GBP)

Progress against strategy in Q1
. Growth in mobile applications
  o ARM opportunity increases as smartphone growth continues and ARM®
    technology-based mobile computers begin to come to market
  o Approximately 50% year-on-year increase in shipments of ARM based
    chips into mobile devices
  o 4 processor licenses signed for mobile phone and computing
    applications including a major semiconductor company becoming the
    second lead-licensee for "Eagle", the next generation Cortex-A class
    processor
. Growth beyond mobile
  o Increased share in target markets such as consumer electronics and
    embedded products
  o Strong year-on-year growth with shipments of ARM based chips into
    digital TVs, disk drives and microcontrollers all up more than 80%
  o 13 processor licenses signed for a broad range of applications
    including intelligent sensors, networking, smart energy meters and
    solid state drives
. Growth in new technology outsourcing
  o 2 licenses for royalty-bearing platforms of physical IP at 130nm
    and 90nm nodes

Warren East, Chief Executive Officer, said: "ARM has continued to focus on
execution and has seen positive progress
against each of our growth drivers in the first quarter. Leading
semiconductor and OEM companies are increasingly adopting ARM
technology, creating healthy demand for our latest products. This
continuing demand validates ARM's commitment to R&D investment as we
develop the technology that meets our customers' need for smarter,
lower-power chips in a broadening range of end markets.

Shipments of ARM-based chips reported in Q1 increased more than 50%
compared with a year ago, driven by strong growth from smarter mobile
devices, digital TVs, disk drives and microcontrollers, and leading to
record royalty revenues. Combined with on-going financial discipline,
this has given rise to year-on-year earnings growth of 49% and record
levels of net cash generation."

Outlook

ARM has made an encouraging start to 2010 in improving trading
conditions, although there remains a lack of certainty as to the impact
of the broader macroeconomic environment on end-consumer demand later
in the year. In this context, and as ARM continues to execute its
strategy, we expect group dollar revenues for the full-year 2010 to be
in line with current market expectations.

Click on, or paste the following link into your web browser, to view
the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/8245K_1-2010-4-26.pdf

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

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