Actel Corporation Updates First Quarter Guidance
Mountain View, Calif. – March 16, 2010 – Actel Corporation (NASDAQ: ACTL) today announced that first quarter 2010 revenues are expected to be up sequentially four percent to eight percent. The previous guidance was up two percent to six percent.
Gross margin is expected to be at the previous guidance of 62 percent.
Operating expenses are anticipated to come in at approximately $27.5 million, which excludes an estimated $2.1 million of stock-based compensation expense and $0.6 million associated with the acquisition of Pigeon Point Systems. The previous guidance was approximately $27.0 million.
Other income is expected to be about $0.5 million, which is unchanged from previous guidance.
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 26.3 million shares. The previous guidance was 26.5 million shares.
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
Breaking News
- Samsung Foundry Certifies Analog FastSPICE Platform from Siemens for Early Design Starts on 3nm GAA Process Technology
- Silvaco Acquires Physical Verification Solution Provider POLYTEDA CLOUD LLC
- Arasan announces its Total eMMC IP solution for TSMC 22nm process
- MediaTek Launches 6nm Dimensity 1200 Flagship 5G SoC with Unrivaled AI and Multimedia for Powerful 5G Experiences
- Faraday Unveils Complete Imaging and Display High-Speed Interface IP Set on UMC 28nm and 40nm Processes
Most Popular
- Cadence to Acquire NUMECA to Expand System Analysis Capabilities with Computational Fluid Dynamics
- Andes Technology and Rafael Microelectronics Announce a Strategic Partnership to Provide High Power Efficiency Wireless IP Solutions for IoT Devices
- Gartner Says Worldwide Semiconductor Revenue Grew 7.3% in 2020
- SEGGER introduces new Open Flashloader for direct programming of any RISC-V system
- Arasan Announces the Immediate Availability of its 2nd Generation MIPI D-PHY v1.1 IP for TSMC 22nm Process Technology
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |