Actions Semiconductor (ACTS) Reports Q4 Loss of $0.16/Share

Go back to Actions Semiconductor (ACTS) Reports Q4 Loss of $0.16/Share

Actions Semiconductor Reports Fourth Quarter and Full Year 2015 Results

March 31, 2016 7:30 AM EDT

ZHUHAI, China, March 31, 2016 /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 fourth quarter and full year ended December 31, 2015.

Commenting on the fourth quarter results, Dr. Zhenyu Zhou, CEO of Actions Semiconductor said, "Revenue in the fourth quarter came in at the high end of expectations, primarily due to strong shipments of our latest solutions for Bluetooth-enabled... More