According to the firm, it saw a 25 per cent increase in second quarter pre-tax profits of £54.2 billion on revenue up 18 per cent at £117.8 million the previous quarter.
The announcement outstripped the estimates of analysts, who had expected pre-tax profits of £45.3 million.
Commenting on the results, Warren East, the ARM chief executive, said: "In the first half of 2011, we have seen strong license revenues ... major semiconductor vendors and consumer electronics companies are making long-term commitments to using ARM technology ... underpinning growth in ARM's long-term royalty revenues."
Further to this, ARM confirmed that second quarter licensing revenue jumped 59 per cent to $58.1 million (£35.5 million) compared with the same period in 2010.
Posted by Simon Jones
