Form 6-K Actions Semiconductor For: Aug 15

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Go back to Form 6-K Actions Semiconductor For: Aug 15

Actions Semiconductor (ACTS) Reports Q2 Loss of $0.05; Guides Q3; Announces Common Tender; Updates on Trajectory

August 15, 2014 7:05 AM EDT

Actions Semiconductor Co., Ltd. (NASDAQ: ACTS) reported Q2 EPS of ($0.05), versus $0.01 reported last year. Revenue for the quarter came in at $12 million, versus $11.3 million reported last year.

Guidance

Based on current market trends, the Company expects revenue in the third quarter of 2014 to be in the range of $13.0 to $15.0 million. The Company expects shipments to improve in the second half of 2014, although persistent, fierce competition in the tablet market will cause revenue in the second half of the year to be slightly below year ago... More