ARM Holdings Posts Rise In Q3 Profit
October 22, 2013 at 04:50 AM EDT
ARM Holdings PLC (NASDAQ: ARMH ) posted an increase in its third-quarter profit. ARM's quarterly net profit rose to 48.5 million pounds ($78.4 million), versus a year-ago profit of GBP41.3 million. Its profit before tax and exceptional items surged to GBP92.6 million. Its revenue gained 27% to GBP184