Tuesday, ARM Holdings Plc (AMRH) said its third-quarter IFRS pre-tax profit dropped to GBP 7.66 million from GBP 15.75 million in the prior year period. Profit for the quarter decreased to GBP 6.89 million from GBP 11.27 million in the year-ago period. Earnings per share for the quarter was 0.5 pence, lower than 0.9 pence last year. Earnings per ADS for the quarter was 2.5 cents, down from 4.7 cents a year ago.
Total revenues for the quarter rose to GBP 75.16 million from GBP 71.66 million in the comparable period.
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