ARM Holdings plc Preliminary Results for Q and FY February 10, 2016
|
|
- Jonah McDaniel
- 5 years ago
- Views:
Transcription
1 ARM Holdings plc Preliminary Results for Q and FY 2015 February 10, 2016
2 Welcome Stuart Chambers Chairman
3 Cautionary statement concerning forward-looking statements This presentation contains forward-looking statements as defined in section 102 of the Private Securities Litigation Reform Act of These statements are subject to risk factors associated with the semiconductor and intellectual property businesses. When used in this document, the words anticipates, may, can, believes, expects, projects, intends, likely, similar expressions and any other statements that are not historical facts, in each case as they relate to ARM, its management or its businesses and financial performance and condition are intended to identify those assertions as forward-looking statements. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a variety of variables, many of which are beyond our control. These variables could cause actual results or trends to differ materially and include, but are not limited to: failure to realize the benefits of our recent acquisitions, unforeseen liabilities arising from our recent acquisitions, price fluctuations, actual demand, the availability of software and operating systems compatible with our intellectual property, the continued demand for products including ARM s intellectual property, delays in the design process or delays in a customer s project that uses ARM s technology, the success of our semiconductor partners, loss of market and industry competition, exchange and currency fluctuations, any future strategic investments or acquisitions, rapid technological change, regulatory developments, ARM s ability to negotiate, structure, monitor and enforce agreements for the determination and payment of royalties, actual or potential litigation, changes in tax laws, interest rates and access to capital markets, political, economic and financial market conditions in various countries and regions, including the commercial credit environment and uncertainties arising out of the financial market and liquidity crises, and capital expenditure requirements. ARM does not intend or assume any obligation to update or revise these forward-looking statements in light of developments which differ from those anticipated. More information about potential factors that could affect ARM s business and financial results is included in ARM s Annual Report on Form 20-F for the fiscal year ended December 31, 2014 including (without limitation) under the captions, Risk Factors and Operating and Financial Review and Prospects, which is on file with the Securities and Exchange Commission (the SEC ) and available at the SEC s website at 3 ARM 2016
4 Business Update Simon Segars Chief Executive Officer
5 2015: Technology adoption and investment Royalty revenues up 31% in 2015 Higher rates on chips containing advanced ARM technology Licensing revenues up 1% in 2015 Following a strong year for licensing in 2014 Increased profits and cash returns Normalised EPS up 25% 200m of cash returned via buy-back and dividend Increased investment in the business New initiatives to accelerate share gains in Servers and Networking Creating new revenue streams from IoT $1,489m Group revenue 14.8 billion chips shipped 173 processor licences ~50% of smartphones shipped contained an ARMv8-A processor 25% increase in dividend 5 ARM 2016
6 Investing for long-term growth Mobile Computing Investing to generate more value More advanced processors Closer collaboration with market leaders Networking and Servers Investing to accelerate market share gains New software ecosystems Supporting deployments Embedded Intelligence and Automotive Investing to create new revenue streams New architectures for secure, connected devices New markets and opportunities 6 ARM 2016
7 Investing for the 2020 opportunity Mobile Computing Networking and Servers Embedded Intelligence and Automotive $40bn $31bn in 2015 $36bn $28bn in 2015 $45bn $31bn in ARM 2016
8 2015: Progress in mobile computing Strong demand for ARM s current technology ~50% of smartphones contained an ARMv8-A processor ~40% of smartphones contained a Mali GPU ARM Mali is the world s #1 shipping graphics architecture ~10% of smartphones contained an octa/deca core processor 8 ARM 2016
9 Q4 2015: Progress in mobile computing Strong demand for ARM s next-generation technology 9 ARM 2016 Continued innovation in mobile performance Nine licences signed for future-generation mobile technology Bringing ARMv8-A technology to sub-$50 smartphones Cortex-A35 and Mali-470 target entry-level mobile devices and wearables First Built on ARM Cortex Technology licence signed for multiple next-generation processors Cortex-A processors adapted to a customer s requirements
10 2015: Progress in networking infrastructure Networking market changing rapidly - opportunity for Partners to deploy advanced ARM technology 15% share in Networking Infrastructure in 2015 Up from 10% in 2014 New ARMv8-A networking chips announced in Q4 From access points to switching and routing to data centre and storage Creating the software ecosystem that enables operators to develop future services OPNFV core and virtual machines running on ARM based systems 10 ARM 2016
11 2015: Progress in networking infrastructure Further progress with OEMs Application Current design wins Wireless Wired Wireless access Mobile backhaul Wired access Aggregation/Core High-end enterprise/data centres Enterprise Low/mid enterprise equipment Storage and Security 11 ARM 2016
12 2015: Progress in servers ARM partnership is innovating the data centre ARM servers are shipping today Multiple chip vendors and server OEMs in production All major Linux OSes and key workload packages now have ARM releases Three early deployments at Tier 1 cloud companies Three more at research institutions with High Performance Compute 12 ARM 2016 Image courtesy of OVH Group
13 2015: Progress in embedded intelligence ARM is the #1 MCU architecture * ARM controller shipments up 25% in 2015 Shipments of older 8-/16-bit MCUs down 5% (Source: WSTS) Bringing advanced capabilities to low-cost devices DSP functionality for data analytics biosensors, motor controllers, automation Opportunity increasing with secure and connected MCUs Signed in Q4: second Cordio licensee and second ARMv8-M architecture licensee 13 ARM 2016 * Source: IHS 2015, based on MCU revenues
14 From 8-bit logic to 32-bit intelligence Light sensor Digital display Analog instruments 14 ARM 2016
15 From 8-bit logic to 32-bit intelligence Wireless communications Traffic monitoring Early fault detection Bluetooth LE Smartphone integration Data logging Electronic dashboard Advanced driver assistance In-vehicle infotainment 15 ARM 2016
16 The car is becoming a supercomputer ! $15bn TAM Z0.1 Conditions Z0.5 Z ARM 2016
17 2015: Progress in automotive Embedded Enabling a 100x increase in automotive compute The market is moving to ARM-based microcontrollers Sales of 8/16-bit MCUs declined 5% in 2015 Sales of 32-bit MCUs up XX%, ARM-based MCUs up XX% ARM partnership is innovating in IVI *, ADAS **, chassis and drive systems Needs something about adoption ARM is collaborating with automotive OEMs More advanced Computer microcontrollers vision, virtualisation and brings security opportunities for higher royalty rates Extending Cortex-M family with DSP functionality and improved security Next-generation ARM technology is designed for automotive Introducing ARMv8-A Cortex-A53 for IVI for and low-cost ADAS - ARMv8-R embedded for safety-critical devices systems - ARMv8-M for enhanced security with rich operating systems and graphic user interfaces 17 ARM 2016 * In-vehicle Infotainment ** Advanced Driver Assistance Systems
18 Investment generates growth Next-generation technology is being licensed today End-user engagements are accelerating share gains Advanced technology drives higher royalty rates 18 ARM 2016
19 Financial Update Chris Kennedy Chief Financial Officer
20 Q financial highlights Group revenues $408m up 14% year-on-year Up 19% year-on-year in GBP Normalised operating costs 124m, up 23% Increased R&D investment Total headcount up 21% YoY Stronger dollar than a year ago Strong financial performance Group Revenue (GBP) Q % 269m Q Normalised Opex (GBP) Q % 124m Q Normalised EPS (p) Q % 8.2p Q Normalised profit before tax 139m up 17% Effective tax rate of 16.2% Normalised EPS of 8.2p up 14% 20 ARM 2016
21 FY 2015 financial highlights Group revenues $1,489m up 15% year-on-year Strong royalty growth due to increasing penetration of more advanced technology Normalised opex 432m, up 20% Ongoing investments in R&D and business infrastructure to maintain new technology innovation, market share gains and new revenue streams from new markets Investing in Future Technology R&D Spend % 215m 2015 Total Headcount % 3, ,037 Other employees up 12% 2,938 Engineers up 24% Investing for Long-term Returns Normalised EPS 30.2p up 25% ARM is still benefiting from the phased introduction of patent box tax, lower UK corporation tax, and international R&D tax credits Group Revenue (GBP) +22% 968m Normalised EPS (p) +25% 30.2p Dividend EPS (p) +25% 8.78p ARM 2016
22 80bn 70bn 60bn 50bn 40bn 30bn 20bn ARM s opportunity continues to broaden Proportion of chips with processors is increasing Chips by volume Total industry* Chips with processors ARM shipments 5% CAGR % CAGR bn 20% 0bn CAGR % 90% 80% 70% 60% 50% 40% 30% 20% 10% Proportion of chips by volume 25% 5% 68% 21% 0% ARM is gaining share within Chips with processors market Chips with processors ARM-based chips 22 ARM 2016 * Data source: WSTS, January 2016 and ARM, Industry volume excluding analog and memory
23 Sizing the larger opportunity ARM s opportunity is growing as more chips become smart and require processors ARM processors now shipping in battery controllers, flash memory controllers and smart sensors 10% increased volume and value of ARM s opportunity in 2020 See roadshow slides for details 23 ARM 2016
24 ARM s long term growth opportunity Smartphones view of 2020 broadly unchanged ~15% royalty CAGR Beyond smartphones opportunity could grow more strongly as ARM gains share in multiple end markets Royalty revenue expected to outperform the semiconductor industry by ~15ppt Licence revenue expected to grow 5-10% over the medium term 24 ARM 2016
25 Capital structure for long-term strength ARM intends to retain a strong balance sheet Reinvest back into the business to maximise long-term returns Accelerating and extending product portfolio through acquisitions Investment plans sustained throughout industry and macroeconomic cycles ARM intends to continue to reinvest in the business Engineering headcount nearly doubled since 2011 ARM acquired ten companies/teams in past ten quarters In 2015: Sunrise Micro Devices, Sansa, Wicentric and Carbon Design Cash reserves ( m) Maintaining robust business with flexibility and fire-power 266 Investing in the business ( m) Sustaining growth for the long-term Acquisitions Normalised operating costs 25 ARM 2016
26 Capital structure for long-term strength Cash reserves ( m) FY 2015 net cash generation of 361m Ended Q4 with net cash of 951m ARM intends to purchase shares to keep share count flat over medium term ARM bought back 9m shares in FY Maintaining robust business with flexibility and fire-power Increasing returns to shareholders ( m) Dividend has increased 25% CAGR over past five years Cash returned by way of ordinary dividend 26 ARM 2016
27 Outlook Full Year 2016 Group USD revenue broadly in-line with market expectations Based on current view of the semiconductor industry Assumes increased economic uncertainty does not further impact end-market spending Processor licensing: robust pipeline of opportunities Processor royalties: ARMv8-A penetration in mobile and share gains across other markets can continue royalty outperformance vs the industry Normalised operating costs for Q in the range 127m to 129m 27 ARM 2016
28 Q&A
29 Thank you The trademarks featured in this presentation are registered and/or unregistered trademarks of ARM Limited (or its subsidiaries) in the EU and/or elsewhere. All rights reserved. All other marks featured may be trademarks of their respective owners. Copyright 2016 ARM Limited
30 Accounting for the increasing opportunity ARM s Total Available Market (TAM) is increasing as old chip designs that did not contain processors are replaced by new technology Latest additions to TAM: battery controllers, flash memory controllers and smart sensors ARM already has multiple design wins and royalty payers in each of these markets These are high volume chips with low ASPs The addition of these chips has increased 2015 volume TAM by +40%, the value TAM by +20% Our new TAM tables splits out the opportunity for ARM in application processors (where Cortex-A and Mali have opportunities) and in embedded processors (which are more typically served by Cortex-R and Cortex-M processors) 30 ARM 2016
31 Markets for ARM: 2015 and 2020 Application Chip Function Device Shipments Chip Shipments ARM Chips Market Share Device Shipments Chip Shipments Chip CAGR Mobile Apps Processors 1,800 1,600 >85% 2,400 +6% 1,800 2,400 Computing * Connectivity and Control 11,000 4,000 37% 16,000 +6% Consumer Apps Processors 1, % 1,700 +7% 3,600 5,200 Electronics ** Connectivity and Control 8,000 3,000 40% 10,000 +5% Enterprise Servers 22 >0 <1% 27 +4% Infrastructure Networking - Infrastructure % % Networking - Home and Office % % Automotive Apps Processors >95% % Control 2, % 3,500 +5% Embedded Apps Processors % 1, % Intelligence Connectivity % 5, % Control 20,000 4,400 22% 30,000 +8% Total (in millions) 46,500 14,800 32% 71,000 +9% * Includes smartphones, tablets, laptops. * * Includes voice-only mobile phones, desktop PCs, computer peripherals, wearables, white goods, etc. Source: Gartner, WSTS and ARM estimates 31 ARM 2016
32 Markets for ARM: 2015 and 2020 The following chip types are distributed across the categories shown on the previous page Industry Shipments ARM Chips Market Share Industry Shipments CAGR Apps and Compute processors 4,500 2,800 65% 6,000 +6% Connectivity chips 5,000 3,000 60% 11, % Controller chips 37,000 9,000 24% 54,000 +8% - General purpose controllers 9,000 2,250 25% 15, % - Smart cards 11,000 2,900 26% 14,000 +5% - Automotive controllers 2, % 3,500 +5% - HDD/SSD controllers % 1,000 +7% - Flash memory controllers 6,000 1,500 25% 10, % - Smart sensor controllers 5,000 1,000 20% 7,000 +7% - Battery controllers 2, % 3,500 +6% Year Market Share % % % % % Total (in millions) 46,500 14,800 32% 71,000 +9% Source: Gartner, WSTS and ARM estimates 32 ARM 2016
33 Markets for ARM: 2014 Application Chip Function Device Shipments Chip Shipments 2014 ARM Chips Market Share Mobile Apps Processors 1,650 1,450 >85% 1,650 Computing * Connectivity and Control 8,500 3,200 35% Consumer Apps Processors % 3,400 Electronics ** Connectivity and Control 7,000 2,500 36% Enterprise Servers 20 >0 <1% Infrastructure Networking - Infrastructure % Networking - Home and Office % Automotive Apps Processors >95% 85 Control 2, % Embedded Apps Processors % Intelligence Connectivity % Control 18,000 3,500 19% Total (in millions) 40,000 12,000 30% * Includes smartphones, tablets, laptops. * * Includes voice-only mobile phones, desktop PCs, computer peripherals, wearables, white goods, etc. Source: Gartner, WSTS and ARM estimates 33 ARM 2016
34 ARM s expanding opportunity Share 2015* TAM 2015 TAM 2020 Mobile Application Processors 85% $18bn $25bn Includes smartphones, tablets and ARM addressable laptops Networking Infrastructure 15% $13bn $16bn $18bn Servers <1% $15bn $20bn Embedded Intelligence 25% $21bn $30bn Includes microcontrollers, smartcards and non-mobile connectivity. Excludes automotive 34 ARM 2016 * 2015ARM Market Share by Volume Total Available Market (TAM)
35 ARM s expanding opportunity Share 2015* TAM 2015 TAM 2020 Automotive 10% $10bn $15bn Includes Automotive Infotainment Other Mobile Chips 35% $13bn $15bn Modems, WiFi/BT, GPS, NFC, sensor hubs, image sensors, emmc, etc Consumer Electronics 40% $20bn $20bn Includes Desktop PCs, DTVs and STBs Chips into Other Markets 30% $7bn $10bn 35 ARM 2016 * 2015 ARM Market Share by Volume Total Available Market (TAM)
ARM Holdings plc Q Roadshow Slides. Version: Draft
ARM Holdings plc 2016 Roadshow Slides Version: Draft 2016 Progress against strategy Licences signed for broad range of end markets 39 2016 22 Cortex-M for Embedded Intelligence 8 Cortex-A for Mobile, Automotive
More informationA backward glance and a forward view
Arm Limited is a subsidiary of A backward glance and a forward view Ian Thornton, Head of Investor Relations Tokyo 18 May 2018 Arm update A Backward Glance: Progress in 2017 Financials Investments / hiring
More informationARM: Investing for future growth
ARM: Investing for future growth Ian Thornton Head of Investor Relations ARM Holdings plc ARM Holdings is a subsidiary of Agenda Part one ARM overview Flexible business model Impact of accelerating investment
More informationARM Holdings plc Q4 and FY 2008 Results. 3 February 2009 London
ARM Holdings plc Q4 and FY 2008 Results 3 February 2009 London 1 Cautionary Statement Concerning Forward-Looking Statements This presentation contains forward-looking statements as defined in section 102
More informationARM Holdings plc Q Roadshow Slides
ARM Holdings plc 2015 Roadshow Slides 2015 Progress Against Strategy Licences signed for broad range of end markets 2014 2015 38 19 Cortex-M for Embedded Intelligence 10 Cortex-A for Mobile, IOT and Enterprise
More informationQUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS
Contact: Julie Cunningham Vice President, Investor Relations Ph 619-658-4224 Fax 619-651-9303 E-mail: juliec@qualcomm.com QUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS SAN DIEGO
More informationFirst Quarter 2018 Earnings Presentation. May 8, 2018
First Quarter 2018 Earnings Presentation May 8, 2018 1 Safe Harbor Caution Concerning Forward-Looking Statements Various remarks that the Company makes contain forward-looking statements regarding acquisitions,
More informationVerizon closes 2017 with strong wireless customer growth and retention, well-positioned in new markets
News Release FOR IMMEDIATE RELEASE January 23, 2018 Media contact: Bob Varettoni 908.559.6388 robert.a.varettoni@verizon.com Verizon closes 2017 with strong wireless customer growth and retention, well-positioned
More informationTech Data s Acquisition of Avnet Technology Solutions
Tech Data s Acquisition of Avnet Technology Solutions Creating a Premier Global IT Distributor: From the Data Center to the Living Room September 19, 2016 techdata.com 1 Forward-Looking Statements Safe
More informationFourth Quarter and Full Year 2018 Earnings Presentation. February 21, 2019
Fourth Quarter and Full Year 2018 Earnings Presentation February 21, 2019 1 Safe Harbor Caution Concerning Forward-Looking Statements Various remarks that the Company makes contain forward-looking statements
More informationArm Limited. Q Roadshow Slides. Arm Limited is a subsidiary of. 1 v1 Arm 2018
Arm Limited Q1 2018 Roadshow Slides Arm Limited is a subsidiary of 1 v1 Arm 2018 Technology trends that will redefine all industries Artificial Intelligence in every device Autonomous machines Augmented
More informationUBS 42 nd Annual Global Media and Communications Conference December 8, Leigh Fox, CFO
UBS 42 nd Annual Global Media and Communications Conference December 8, 2014 Leigh Fox, CFO Safe Harbor This presentation and the documents incorporated by reference herein contain forward-looking statements
More informationT-Mobile US Q4 and Full Year 2013
T-Mobile US Q4 and Full Year 2013 Disclaimer This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws. For those statements, we claim the protection
More informationArm Limited. Q Roadshow Slides. Arm Limited is a subsidiary of. 1 v1 Arm 2018
Arm Limited Q4 2017 Roadshow Slides Arm Limited is a subsidiary of 1 v1 Arm 2018 Technology trends that will redefine all industries Artificial Intelligence in every device Autonomous machines Augmented
More informationSignal Processing IP for a Smarter, Connected World. May 2017
Signal Processing IP for a Smarter, Connected World May 2017 Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties, as well as assumptions
More informationARM Holdings plc Morgan Stanley 7 th Annual TMT Conference 14 November Warren East Chief Executive Officer
ARM Holdings plc Morgan Stanley 7 th Annual TMT Conference 14 November 2007 Warren East Chief Executive Officer 1 Background Semiconductor Market ARM is a secular growth story with a 25+ year time horizon
More informationInvestor Relations Presentation
A T H E R O S C O M M U N I C A T I O N S, I N C. Investor Relations Presentation Q1 2008 WIRELESS FUTURE. UNLEASHED NOW. ATHEROS COMMUNICATIONS Safe Harbor Statement Some of the information in this presentation
More informationRed Hat Acquisition of Qumranet Adds next generation virtualization capabilities. September 4, 2008
Red Hat Acquisition of Qumranet Adds next generation virtualization capabilities September 4, 2008 Safe Harbor Forward-Looking Statements Certain statements contained or discussed in this presentation
More informationConference call February 2, :00 / Helsinki 08:00 / New York 1 Nokia Q4 and FY 2016
Conference call February 2, 2017 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q4 and FY 2016 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties,
More informationQUALCOMM Reports Third Fiscal Quarter Revenues of $1 Billion - Operating Earnings Per Share of $.75, Excluding Non-Recurring Charges -
FOR IMMEDIATE RELEASE QUALCOMM Contact: Julie Cunningham Vice President, Investor Relations 1-(858) 658-4224 (ph) 1-(858) 651-9303 (fax) e-mail: juliec@qualcomm.com QUALCOMM Reports Third Fiscal Quarter
More informationFebruary Investor Presentation
February 2015 Investor Presentation Forward-Looking Statements This document contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements
More informationConsolidated Financial Results for the Second Quarter, Fiscal 2018
Consolidated Financial Results for the Second Quarter, Fiscal 2018 Ⅰ. Consolidated Financial Results for the First Half, Fiscal 2018 Consolidated Financial Results for Fiscal 2018 Ⅱ. Supplementary Data
More informationEB, Elektrobit Corporation Interim Report 2Q CEO Jukka Harju August 8, 2012
EB, Elektrobit Corporation Interim Report 2Q 2012 CEO Jukka Harju August 8, 2012 Forward-looking Statements Some statements made in this material relating to future circumstances or status, including,
More informationFingerprint Cards Q Results
Fingerprint Cards Q4 2014 Results February 26, 2015 Q4 Summary Key numbers from Q4 2014 results Revenue Margins & profitability Market development Revenue of SEK 105 million, an increase of 59% q o q and
More informationMobile World Congress Claudine Mangano Director, Global Communications Intel Corporation
Mobile World Congress 2015 Claudine Mangano Director, Global Communications Intel Corporation Mobile World Congress 2015 Brian Krzanich Chief Executive Officer Intel Corporation 4.9B 2X CONNECTED CONNECTED
More informationNasdaq: DAIO. Anthony Ambrose. President and CEO. Data I/O Corporation May 2017 B. Riley & Co. Conference -- Investor Presentation
Nasdaq: DAIO Anthony Ambrose President and CEO Data I/O Corporation May 2017 B. Riley & Co. Conference -- Investor Presentation Safe Harbor The matters that we discuss today will include forward-looking
More informationNokia Conference Call 1Q 2012 Financial Results
Nokia Internal Use Only Nokia Conference Call 1Q 2012 Financial Results April 19 th, 2012 15.00 Helsinki time 8.00 New York time Stephen Elop President & CEO Timo Ihamuotila CFO Matt Shimao Head of Investor
More informationInvestor Presentation. February 2016
Investor Presentation February 2016 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
More information2017 Q4 Earnings Conference Call
2017 Q4 Earnings Conference Call Forward Looking Statements This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which
More informationOPPORTUNITY TO ACCELERATE MOMENTUM
OPPORTUNITY TO ACCELERATE MOMENTUM Pierre-Paul Allard Chief Customer Officer Juniper Networks CAUTIONARY STATEMENTS Forward-Looking Statements. This presentation contains forward-looking statements within
More informationVodafone Group Plc Michel Combes. Deutsche Bank European TMT Conference September 2011
Vodafone Group Plc Michel Combes Deutsche Bank European TMT Conference September 2011 Disclaimer Information in the following presentation relating to the price at which relevant investments have been
More informationInvestor Presentation February 2019
Investor Presentation February 2019 1 Safe Harbor Caution Concerning Forward-Looking Statements Various remarks that the Company makes contain forward-looking statements regarding acquisitions, acquisition
More informationARM processors driving automotive innovation
ARM processors driving automotive innovation Chris Turner Director of advanced technology marketing, CPU group ARM tech forums, Seoul and Taipei June/July 2016 The ultimate intelligent connected device
More informationINVESTOR PRESENTATION APRIL 2017
INVESTOR PRESENTATION APRIL 217 Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if proven incorrect,
More informationFor immediate release Media Contact: Divya Anand Tata Communications +91 897 606 8777 divya.anand@tatacommunications.com PRESS RELEASE Investor Contact: Mahesh Pratap Singh Tata Communications +91 981
More informationSierra Wireless. Corporate Overview. May 2017
Sierra Wireless Corporate Overview May 2017 Sierra Wireless Leader, Innovator, Trusted Partner in the IoT IoT Leader in device-to-cloud solutions Innovator essential IP in Cat M1 edge intelligence open
More informationHPE to Acquire Nimble Storage
HPE to Acquire Nimble Storage March 7, 2017 http://www.hpe.com/investor/home Forward Looking Statements This document contains forward-looking statements within the meaning of the safe harbor provisions
More informationVerizon builds on 2Q momentum with strong 3Q results
News Release FOR IMMEDIATE RELEASE October 19, 2017 Media contact: Bob Varettoni 908.559.6388 robert.a.varettoni@verizon.com Verizon builds on 2Q momentum with strong 3Q results 3Q 2017 highlights 89 cents
More informationCincinnati Bell Inc. March 4, 2013
Cincinnati Bell Inc. March 4, 2013 Safe Harbor This presentation and the documents incorporated by reference herein contain forwardlooking statements regarding future events and our future results that
More informationJ.P. Morgan Healthcare Conference Investor Presentation Matt Wallach, President & Co-Founder January 14, Veeva Systems veeva.
J.P. Morgan Healthcare Conference Investor Presentation Matt Wallach, President & Co-Founder January 14, 2016 2016 Veeva Systems veeva.com Safe Harbor Forward-looking Statements This presentation contains
More informationConference call April 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q1 2018
Conference call April 26, 2018 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q1 2018 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationNokia Conference Call Second Quarter 2010 Financial Results
Nokia Conference Call Second Quarter 2010 Financial Results July 22, 2010 15.00 Helsinki time 8.00 New York time Olli-Pekka Kallasvuo CEO Timo Ihamuotila CFO Kristian Pullola Head of Treasury and Investor
More informationNokia Conference Call Fourth Quarter 2010 and Full Year 2010 Financial Results
Nokia Conference Call Fourth Quarter 2010 and Full Year 2010 Financial Results January 27, 2011 15.00 Helsinki time 8.00 New York time Stephen Elop President and CEO Timo Ihamuotila CFO Matt Shimao Head
More informationNOKIA FINANCIAL RESULTS Q3 / 2012
Nokia Internal Use Only NOKIA FINANCIAL RESULTS Q3 / 2012 Conference Call October 18, 2012 15.00 / Helsinki 08.00 / New York Stephen Elop / President & CEO Timo Ihamuotila / CFO Matt Shimao / Head of Investor
More informationCapturing value from an open ecosystem
Capturing value from an open ecosystem Tom Rosamilia Senior Vice President IBM Systems Forward-Looking Statement Certain comments made during this event and in the presentation materials may be characterized
More informationInvestor Overview 2018
Investor Overview 2018 1 SAFE HARBOR This presentation contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions
More informationF-Secure Corporation - Interim report Q2 2011
F-Secure Corporation - Interim report Q2 2011 (Unaudited) July 27, 2011 Kimmo Alkio, President & CEO Protecting the irreplaceable f-secure.com Q2 highlights Operator channel performed strongly showing
More informationVuzix Reports Full Year and Fourth Quarter 2017 Financial Results
Press Release Vuzix Reports Full Year and Fourth Quarter 2017 Financial Results Company reports fourth consecutive period of quarterly revenue growth, with 168% Smart Glasses revenue increase and 160%
More informationArm Holdings. Q Roadshow Slides. Arm Holdings is a subsidiary of. 1 v1 Arm 2018
Arm Holdings Q3 2017 Roadshow Slides Arm Holdings is a subsidiary of 1 v1 Arm 2018 Technology trends that will redefine all industries Artificial Intelligence in every device Autonomous machines Augmented
More informationI N V E S T O R S P R E S E N T A T I O N
I N V E S T O R S P R E S E N T A T I O N Rafi Amit, CEO Moshe Eisenberg, CFO November 2018 SAFE HARBOR The information presented today contains forward-looking statements that relate to anticipated future
More informationMay High Performance Data-Path Processing Solutions
May 2015 High Performance Data-Path Processing Solutions 1 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as
More informationSamu Konttinen, CEO Q4 / 2017 CORPORATE SECURITY REVENUE GROWTH ACCELERATED TO 16%
Samu Konttinen, CEO Q4 / 2017 CORPORATE SECURITY REVENUE GROWTH ACCELERATED TO 16% 1 AGENDA Key takeaways from Q4 Key figures Business review for 2017 Outlook 2018 Outlook for 2018-2021 Financials FAQ
More informationResults 4Q 2014 / 6 February 2015
Results 4Q 2014 / 6 February 2015 1 Ending FY2014 with positive operational momentum STRONG CUSTOMER TRACTION +559k RGS* QoQ Strong product portfolio; #Hotlink and MaxisONEPlan Worry free propositions
More information2016 Summary Annual Report and Annual Meeting Documents
2016 Summary Annual Report and 2017 Annual Meeting Documents To Our Shareholders We enter 2017 with confidence in a bright future ahead for CenturyLink. We are clear in our approach to the market: we
More informationNEC to Revise Operating Segments
NEC to Revise Operating Segments Tokyo, July 20, 2018 NEC Corporation (NEC; TSE: 6701) announced earlier this year a shift to a new organization structure effective as of April 1, 2018. In line with these
More informationHitachi Announces 2018 Mid-term Management Plan
FOR IMMEDIATE RELEASE Contacts: Japan: Mickey Takeuchi U.K.: Yuki Maeda Hitachi, Ltd. Hitachi Europe Ltd. +81-3-5208-9324 +44-1628-585714 masayuki.takeuchi.cc@hitachi.com yuki.maeda@hitachi-eu.com Hitachi
More informationThis presentation and the documents incorporated by reference herein contain forward-looking statements regarding future events and our future
This presentation and the documents incorporated by reference herein contain forward-looking statements regarding future events and our future results that are subject to the safe harbor provisions of
More informationCenturyLink. 1 st Quarter 2012 Earnings Conference Call May 9, 2012
CenturyLink 1 st Quarter 2012 Earnings Conference Call May 9, 2012 Forward-Looking Statements / Non-GAAP Financial Measures Certain non-historical statements made in this presentation and future oral or
More informationConference call July 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2018
Conference call July 26, 2018 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2018 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationBlackBerry to Acquire Cylance
BlackBerry to Acquire Cylance Creating the Leading End-to-End Endpoint Security Platform November 16, 2018 Forward-looking statements Forward-looking statements in this news release are made pursuant to
More informationReshaping the future, shifting business and operating models
Safe Harbor Certain statements mentioned in this presentation concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the
More informationConference Call Second Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO
Conference Call Second Quarter 2003 Financial Results Jorma Ollila Chairman and CEO Olli-Pekka Kallasvuo Executive Vice President and CFO Ulla James Vice President, Investor Relations July 17, 2003 15.00
More informationInteroute Acquisition Summary. February 26, 2018
Interoute Acquisition Summary February 26, 2018 Disclaimer Forward-Looking Statements: This presentation contains forward-looking statements which are made pursuant to the safe harbor provisions of Section
More informationSteve Milligan President & Chief Executive Officer. April 22, 2010
Steve Milligan President & Chief Executive Officer April 22, 2010 Cautionary Statement Certain statements found in this document may constitute forward-looking statements as defined in the U.S. Private
More informationWINNING IN A MULTICLOUD WORLD
WINNING IN A MULTICLOUD WORLD Rami Rahim CEO, Juniper Networks 2 CAUTIONARY STATEMENTS Forward-Looking Statements. This presentation contains forward-looking statements within the meaning of Section 27A
More information2008 Mobile World Congress. February 12, Barcelona
2008 Mobile World Congress February 12, 2008 - Barcelona 2008 Mobile World Congress Tommi Uhari Executive Vice President Mobile, Multimedia and Communications Group February 12, 2008 - Barcelona Agenda
More informationNokia Conference Call First Quarter 2010 Financial Results
Nokia Conference Call First Quarter 2010 Financial Results April 22, 2010 15.00 Helsinki time 8.00 New York time Olli-Pekka Kallasvuo CEO Timo Ihamuotila CFO Kristian Pullola Head of Treasury and Investor
More informationdtac FY January 2018 Investor Relations E: T:
dtac FY2017 30 January 2018 Investor Relations E: ir@dtac.co.th T: +662 202 8882 FY17 highlights 22.7m total subscribers 97.7% of sub base registered under DTN 72.8% smartphone penetration 50.5% penetration
More informationB. Riley & Co. Annual Investor Conference. May 25, 2017
B. Riley & Co. Annual Investor Conference May 25, 2017 Forward Looking Statement and Financial Presentation This presentation contains forward-looking statements within the meaning of Section 27A of the
More informationFY16 Results Presentation. 24 January 2017
FY16 Results Presentation 24 January 2017 Forward looking statements Important note This presentation and the following discussion may contain forward looking statements by M1 Limited ( M1 ) relating to
More informationCSR Investor Presentation
CSR Investor Presentation June 2010 Will Gardiner, Chief Financial Officer This presentation contains certain statements (including, statements concerning plans and objectives of management for future
More informationEarnings Release Conference Second Quarter of FY2017
Earnings Release Conference Second Quarter of FY2017 (July 1, 2017 to September 30, 2017) October 31,2017 Murata Manufacturing Co., Ltd. http://www.murata.com/ir/library/index.html 1. Second Quarter of
More informationIDEX company presentation. January 2009
IDEX company presentation January 2009 About IDEX ASA IDEX ASA is a public company traded on the Oslo OTC list. IDEX is headquartered near Oslo, Norway with its US office in Foster City, California. IDEX
More informationMarket Perspective & Strategy. Kinam Kim, Ph.D CEO, Samsung Display US NAE Foreign Associate, IEEE Fellow
Market Perspective & Strategy Kinam Kim, Ph.D CEO, Samsung Display US NAE Foreign Associate, IEEE Fellow Heading Disclaimer The materials in this report include forward-looking statements which can generally
More informationEXFO Acquires NetHawk
EXFO Acquires NetHawk A New Global Force in Wireless Testing and Service Assurance. Date: March 12, 2010 Forward-Looking Statements Certain statements in this presentation, or given in response to your
More informationConference call October 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q3 2017
Conference call October 26, 2017 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q3 2017 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationWi-Fi Perfected. Second Quarter 2017 Earnings Presentation August 7, Proprietary Software. Cloud Analytics. Semiconductors
Wi-Fi Perfected Semiconductors Proprietary Software Cloud Analytics Second Quarter 2017 Earnings Presentation August 7, 2017 Safe Harbor and Non-GAAP Financial Measures This presentation contains forward-looking
More informationForward-looking Statements
August, 2011 Forward-looking Statements This presentation includes forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements
More informationNokia Conference Call Second Quarter 2005 Financial Results
Nokia Conference Call Second Quarter 2005 Financial Results Jorma Ollila Chairman and CEO Rick Simonson Executive Vice President and CFO Ulla James Vice President, Investor Relations July 21, 2005 14.30
More informationNokia to acquire NAVTEQ
Nokia to acquire NAVTEQ Creating a world leader in location based services market October 1 st, 2007 1 2007 Nokia Forward looking statement and Safe harbor statement Important Additional Information Regarding
More informationCarlo Bozotti, President and Chief Executive Officer, STMicroelectronics: Q Earnings Results Thursday, April 27, FINAL
Carlo Bozotti, President and Chief Executive Officer, STMicroelectronics: Q1 2017 Earnings Results Thursday, April 27, 2017 - FINAL Thank you for joining us on our first quarter earnings conference call.
More information(408) (408) NETAPP ANNOUNCES RESULTS FOR SECOND QUARTER FISCAL YEAR 2013
Press Contact: Investor Contact: Ryan Lowry Kris Newton NetApp NetApp (408) 822-7544 (408) 822-3312 ryanl@netapp.com kris.newton@netapp.com NETAPP ANNOUNCES RESULTS FOR SECOND QUARTER FISCAL YEAR 2013
More informationInvest Malaysia Sustainable value creation through internet growth
Invest Malaysia Sustainable value creation through internet growth 9 June 2014 Malaysia offers opportunities for continued growth Malaysia [1] 30 million population 144% mobile penetration > 85% are prepaid
More informationForward Looking Statement
Forward Looking Statement This presentation contains forward-looking statements which are statements that refer to expectations and plans for the future and include, without limitation, statements regarding
More informationForward-Looking and Cautionary Statements
Peter F. Volanakis President and Chief Operating Officer February 8, 28 Forward-Looking and Cautionary Statements Certain statements in this presentation constitute forwardlooking statements within the
More information28 th Annual Roth Conference. March 14, 2016
28 th Annual Roth Conference March 14, 2016 FORWARD LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the United States Private Securities Litigation Reform
More informationOlli-Pekka Kallasvuo President & CEO Rick Simonson Executive Vice President & CFO. Bill Seymour Head of Investor Relations
Conference Call Second Quarter 2007 Financial Results August 2, 2007 15.00 Helsinki time 8.00 New York time Olli-Pekka Kallasvuo President & CEO Rick Simonson Executive Vice President & CFO Bill Seymour
More informationChina Telecom Corporation Limited 2 June 2008
China Telecom Corporation Limited 2 June 2008 www.chinatelecom-h.com Acquisition Business of CDMA Business Disclaimer Certain statements contained in this document may be viewed as forward-looking statements
More informationSamsung Electronics Announces First Quarter Results
Samsung Electronics Announces First Quarter Results Registers net profit of KRW 7.68 trillion on sales of KRW 50.55 trillion 1Q consolidated operating profit reaches KRW 9.90 trillion SEOUL, Korea April
More informationHitachi, TOKICO and Hitachi Unisia Automotive Sign Merger Agreement
FOR IMMEDIATE RELEASE Hitachi, TOKICO and Hitachi Unisia Automotive Sign Merger Agreement Tokyo, May 25, 2004 ---Hitachi, Ltd. (NYSE:HIT / TSE:6501 / Hitachi ), TOKICO LTD. (TSE:7232 / TOKICO ) and Hitachi
More information#Q1_2018. Orange financial results. Ramon Fernandez Deputy CEO, Chief Financial and Strategy Officer. 26 April 2018
#Q1_2018 Orange financial results Ramon Fernandez Deputy CEO, Chief Financial and Strategy Officer 26 April 2018 Disclaimer This presentation contains forward-looking statements about Orange. Although
More informationNokia Strategy and Financial Briefing. Timo Ihamuotila CFO February 11, 2011
Nokia Strategy and Financial Briefing Timo Ihamuotila CFO February 11, 2011 Mobile Devices Industry and Nokia Assessment Expected Industry Trends: Revenue and Margins Approximate Revenue CAGR by Geographic
More informationHitachi Announces Corporate Split and New Company Establishment Plan for Automotive Systems Group
FOR IMMEDIATE RELEASE Hitachi Announces Corporate Split and New Company Establishment Plan for Automotive Systems Group Tokyo, May 26, 2009 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that
More informationKaufman Brothers 13 th Annual Investor Conference
Kaufman Brothers 13 th Annual Investor Conference Craig DeYoung, VP Investor Relations New York, New York September 14, 21 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities
More informationQ Results. Emirates Integrated Telecommunications Company PJSC May 2014
Q1 214 Results Emirates Integrated Telecommunications Company PJSC May 214 Disclaimer Emirates Integrated Telecommunications Company PJSC (hereafter du ) is a telecommunication services provider in the
More informationNex t MADE IN JAPAN. Copyright 2003 Hitachi Global Storage Technologies
Nex t MADE IN JAPAN. 1 HDD Business Strategy Toward The No.1 HDD Supplier In The World Jun Naruse Chief Executive Officer Hitachi Global Storage Technologies June 12, 2003 Contents 1 2 3 4 5 Market Trends
More informationChina Telecom Corporation Limited. Credit Suisse Asian Investment Conference Mr. Leng Rongquan, President & COO. 28 March 2006 Hong Kong
China Telecom Corporation Limited Credit Suisse Asian Investment Conference 2006 Mr. Leng Rongquan, President & COO 28 March 2006 Hong Kong Forward-Looking Statements Certain statements contained in this
More informationConference call August 4, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2016
Conference call August 4, 2016 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2016 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More information1. Advice, coordination, and other assistance
The information and communications services network and environment are bringing about changes in industry structure and every aspect of people s lives, as seen in the enhancement of the broadband communications
More informationOctober 16, Q Investor Presentation Svenn-Tore Larsen, CEO Pål Elstad, CFO
October 16, 2015 Svenn-Tore Larsen, CEO Pål Elstad, CFO Summary Q3 2015: 2 Record MUSD 53.9 revenue in quarter despite the previously announced guidance Strong Bluetooth Smart Sales at MUSD 34.2 Improvements
More information