Actions Semi (ACTS) Raises Q3 Revs Outlook
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Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), provided an update to its third quarter financial outlook.
For the third quarter of 2011, Actions expects to report revenue in the range of $15.0 million to $15.5 million and gross margin of approximately 40%. The company's previous guidance was for the third quarter revenue to be in the range of $12.0 to $13.0 million and gross margin of approximately 40%.
Once the third quarter 2011 reporting date is finalized, Actions will issue a press release announcing the date and details of its third quarter conference call.
For the third quarter of 2011, Actions expects to report revenue in the range of $15.0 million to $15.5 million and gross margin of approximately 40%. The company's previous guidance was for the third quarter revenue to be in the range of $12.0 to $13.0 million and gross margin of approximately 40%.
Once the third quarter 2011 reporting date is finalized, Actions will issue a press release announcing the date and details of its third quarter conference call.
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