GNSS (GPS, Galileo, GLONASS, Beidou3, QZSS, SBAS) Ultra-low power RF Receiver IP
Actel Corporation Updates Third Quarter Guidance
Mountain View, Calif. -- September 16, 2009 -- Actel Corporation (NASDAQ: ACTL) today announced that third quarter 2009 revenues are expected to be flat to up three percent. The previous guidance was minus two to plus four percent.
Gross margin is expected to be about 56 or 57 percent, which is unchanged from the previous guidance.
Operating expenses are anticipated to come in at approximately $27.0 million, which excludes an estimated $1.9 million of stock-based compensation expense. The previous guidance was approximately $27.2 million. The guidance for operating expenses does not include the ongoing amortization of intangibles and deferred compensation for the Pigeon Point Systems acquisition of approximately $0.6 million or any charges that may be incurred during the third quarter of 2009 in connection with the Company’s restructuring program.
Other income is expected to be about $0.7 million. The previous guidance was about $0.8 million.
The non-GAAP tax rate for the quarter is expected to be about 30 percent, which is unchanged from the previous guidance. Outstanding fully diluted share count is expected to be about 26.4 million shares, which is unchanged from the previous guidance.
About Actel
Actel is the leader in low-power FPGAs and mixed-signal FPGAs, offering the most comprehensive portfolio of system and power management solutions. Power Matters. Learn more at www.actel.com.
|
Microsemi Hot IP
Related News
- Altera Updates Third Quarter Guidance
- Arteris Announces Financial Results for the Third Quarter 2024 and Fourth Quarter and Full Year 2024 Guidance
- Arteris Announces Financial Results for the Second Quarter 2024 and Third Quarter and Full Year 2024 Guidance
- Arteris Announces Financial Results for the Third Quarter 2023 and Fourth Quarter and Full Year 2023 Guidance
- Arteris Announces Financial Results for the Second Quarter 2023 and Estimated Third Quarter and Full Year 2023 Guidance
Breaking News
- intoPIX Powers Ikegami's New IPX-100 with JPEG XS for Seamless & Low-Latency IP Production
- Tower Semiconductor and Alcyon Photonics Announce Collaboration to Accelerate Integrated Photonics Innovation
- Qualcomm initiates global anti-trust complaint about Arm
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- SiliconIntervention Announces Availability of Silicon Based Fractal-D Audio Amplifier Evaluation Board
Most Popular
- Qualcomm initiates global anti-trust complaint about Arm
- Siemens acquires Altair to create most complete AI-powered portfolio of industrial software
- Alphawave Semi Reveals Suite of Optoelectronics Silicon Products addressing Hyperscaler Datacenter and AI Interconnect Market
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- Rapidus Announces Strategic Partnership with Quest Global to Enable Advanced 2nm Solutions for the AI Chip Era
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |