Actions Semiconductor (ACTS) Reports Q3 Loss of $0.22/ADS

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Go back to Actions Semiconductor (ACTS) Reports Q3 Loss of $0.22/ADS

Actions Semiconductor Reports Third Quarter 2015 Results

November 30, 2015 7:30 AM EST

ZHUHAI, China, Nov. 30, 2015 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, today reported its financial results for the third quarter ended September 30, 2015.

Commenting on the third quarter results, Dr. Zhenyu Zhou, CEO of Actions Semiconductor said, "Revenue in the third quarter came in at the low end of expectations, primarily due to a global slowdown in demand for smartphones, tablets and other... More