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Product category: Intellectual Property Cores
News Release from: ARC International
Edited by the Electronicstalk Editorial Team on 03 August 2006

Contract boost raises ARC's expectations

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ARC International has announced its unaudited financial results for the six months ended 30th June 2006.

ARC International has announced its unaudited financial results for the six months ended 30th June 2006 Highlights from the first half of 2006 (compared with H1 2005) included: revenue up 10% to GBP 6.0 million; royalties up 32% to GBP 1.5 million; bookings up 31% to a record GBP 8.3 million; cash generated from operating activities was GBP 0.5 million; net loss was GBP 1.7 million; and processor licence agreements up 18%