Q1 royalties sink 8% but revenues grow 9.7% at Arm

Arm’s Q2 revenues grew 9.7% year-on-year to $418 million for the quarter although royalty revenue fell 8% due to dampening smartphone demand. Arm Q1 2020 (quarter ending 30 June 2019) revenues (Source: SoftBank Group) Arm said it sold 28 licenses in Q1 including two licenses for unnanounced technologies. 19 Nineteen licensees were for iCortex-M. Q1 ...

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