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.
Related Semiconductor IP
- Simulation VIP for Ethernet UEC
- Bluetooth® Low Energy 6.2 PHY IP with Channel Sounding
- Simulation VIP for UALink
- General use, integer-N 4GHz Hybrid Phase Locked Loop on TSMC 28HPC
- JPEG XL Encoder
Related News
- Actel and Gaisler Research Soar With RTAX-S Aerospace Microprocessing Platform
- Avnet Memec Releases Actel ProASIC3 Evaluation Kit
- ACTEL Corporation Licenses ARM Cortex-M3 Processor
- Actel Hires Semicondutor Industry Veteran for Key Marketing Role
Latest News
- Spectral Design and Test Inc. and BAE Systems Announce Collaboration in RHBD Memory IP Development
- VSORA and GUC Partner on Jotunn8 Datacenter AI Inference Processor
- Mixel MIPI IP Integrated into Automotive Radar Processors Supporting Safety-critical Applications
- GlobalFoundries and Navitas Semiconductor Partner to Accelerate U.S. GaN Technology and Manufacturing for AI Datacenters and Critical Power Applications
- VLSI EXPERT selects Innatera Spiking Neural Processors to build industry-led neuromorphic talent pool