ARM Holdings plc announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported revenues of £170.3 million against £132.5 million a year ago. Profit from operations was £64.9 million against £48.4 million a year ago. Profit before tax was £67.1 million against £51.3 million a year ago. Profit for the period was £51.9 million against £37.4 million a year ago. Diluted earnings per share were 3.7 pence against 2.7 pence a year ago. On non-GAAP basis, the company reported profit from operations of £86.0 million against £59.0 million a year ago. Profit before tax was £89.4 against £61.9 million a year ago. Diluted earnings per share were 5.31 pence against 3.36 pence a year ago. Net cash generation was £58.7 million against £58.3 million a year ago. The company expects group revenues for the second quarter of 2013, to be in line with current market expectations of $254 million. The company expects group revenues for 2013 to be at least in line with current market expectations. The company is forecasting tax rate of 20% for the balance of the year.

Arteris, Inc. and ARM Holdings plc have signed a multi-year agreement that expands Arteris' access to ARM processor core IP. The two companies have broadened their cooperation to aid the development of future Arteris coherent interconnect IP products that more closely integrate with Arteris' pioneering FlexNoC(R) network-on-chip technology and ARM's processor IP.

ARM announced the availability of POP IP products for its ARMv8 architecture-based Cortex-A57 and Cortex-A53 processors for TSMC 28HPM process technology, as well as the roadmap for POP IP to TSMC's 16nm FinFET process technology. An essential element of ARM's comprehensive implementation strategy, POP technology enables ARM partners to quickly close timing of dual- and quad-core implementations across a broad envelope of power, performance and area optimization points. This solution optimizes implementation, reduces risk and improves time-to-market in the development of Cortex processor-based system-on-chips (SoCs). The Cortex-A57 and Cortex-A53 processors can be used independently or in a big.LITTLE(TM) processor combination for optimal performance and energy efficiency. ARM has licensed POP IP for the Cortex-A57 processor for 28HPM to multiple lead partners, which are now implementing designs. The 16nm FinFET version of POP IP solutions for the Cortex-A57 and Cortex-A53 processors will be available to licensees in the fourth quarter of 2013. These new POP IP products complement the existing portfolio of products on 28HPM, including the Cortex-A7, Cortex-A9, and Cortex-A15 processors and the ARM Mali(TM)-T624 GPU up to the Mali-T678 GPU. ARM partners are currently shipping SoCs with POP IP in such applications as mobile gaming, DTV, set-top box, mobile computing and smartphone applications.