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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.
ARMH 67.770.0%Sep 6 5:00 PM EST

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To: Bruce Byall who wrote (725)7/22/2003 2:31:35 AM
From: Bruce Byall  Read Replies (1) of 912
 
Chip designer ARM's Q2 profit falls 60 pct
Tuesday July 22, 2:14 am ET

LONDON, July 22 (Reuters) - British chip designer ARM Holdings Plc (London:ARM.L - News) posted a 60 percent fall in second quarter profits on Tuesday, slightly better than expectations, and said it expected lower activity levels to persist in the second half.

ARM, which develops and licenses designs for low-power chips used in mobile phones and other devices, said pre-tax profts for the three months ended June 30 was 6.6 million pounds ($10.5 million) on revenues of 31.4 million pounds.

Analysts had forecast second quarter profits of around six million.
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