(Telecompaper) ARM Holdings presented fourth quarter revenues up 15 percent from the year before to GBP 189.1 million. Technology Licensing revenue rose 28 percent to GBP 80.2 million, with Processor Licensing revenue up 27 percent to GBP 67.7 million and Physical IP revenue up 29 percent to GBP 12.5 million. Normalised profit before tax lifted 19 percent to GBP 95.5 million while earnings per share advanced 30 percent to 5.3 pence. IFRS profit before tax sank 79 percent as a result of an exceptional charge, with the IFRS loss per share at 0.4 pence compared to EPS at 3.0 pence the year earlier. The company increased its full year 2013 dividend by 27 percent to 5.7 pence. ARM signed 26 processor licences for a broad range of applications from smartphones and mobile computers to medical devices, wearables and the Internet of Things, one ARMv8 architecture licence and two ARMv8 processor licenses. Shipments of chips based on ARM processor technology reached 2.9 billion in the quarter, up 16 percent year-on-year. ARM said it was entering the new year with a strong opening order backlog and a healthy pipeline of licensing opportunities. The company's full year processor royalty revenue grew faster than the overall semiconductor industry (+18 percentage points), dampened by slower sales of chips for high-end smartphones in the second half. Despite slower growth in one end market, the company expects FY 2014 processor royalty revenues to grow at a similar rate to that reported over the last three years.