2.5D GPU / 2D & 3D Vector Graphics (OpenVG) Accelerator - D/AVE HD
Actel Corporation Announces Second Quarter Business Update
Mountain View, Calif. – June 9, 2005 – Actel Corporation (NASDAQ: ACTL) today released its business update for the second quarter of fiscal 2005, confirming its previous guidance.
Actel believes that second quarter revenues will be flat sequentially or up slightly. Gross margin is expected to be about 59%. Operating expenses are anticipated to come in at approximately $24.7 million. Other income will be about $0.8 million. The tax rate for the quarter is anticipated to be approximately 10%. Share count is expected to be about 25.6 million shares.
The statements above are forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and should be read with the “Risk Factors” in Actel’s most recent Forms 10-K and 10-Q. Actel’s quarterly revenues and operating results are subject to a multitude of risks, including general economic conditions and a variety of risks specific to Actel or characteristic of the semiconductor industry, such as fluctuating demand, intense competition, rapid technological change and related intellectual property and international trade issues, wafer and other supply shortages, and booking and shipment uncertainties. These and the other Risk Factors make it difficult for Actel to accurately project quarterly revenues and operating results, and could cause actual results to differ materially from those projected in the forward-looking statements. Any failure to meet expectations could cause the price of Actel’s stock to decline significantly. N
o conference call will be held in conjunction with this business update. Actel’s second quarter financial results will be released on July 26, 2005. Editor’s Note: The Actel name and logo are trademarks of Actel Corporation.
|
Microsemi Hot IP
Related News
- Lattice Semiconductor Announces Business Update for Second Quarter; Raises Revenue Guidance
- Actel Corporation Announces Third Quarter Business Update
- Actel Corporation Announces First Quarter Business Update
- Actel Corporation Announces Revised Fourth Quarter Business Update
- Actel Corporation Announces Fourth Quarter Business Update
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |