Actions Semiconductor Reports Third Quarter 2014 Results

 

ACTIONS SEMICONDUCTOR CO., LTD.

CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS

(in thousands of U.S. dollars, except per share amounts)












Three months ended


Three months ended


Nine months ended


Nine months ended



September 30,


September 30,


September 30,


September 30,



2014


2013


2014


2013



(unaudited)


(unaudited)


(unaudited)


(unaudited)










Revenues:









   System-on-a-chip products


13,084


16,830


36,317


51,710

   Semiconductor product testing services


27


54


81


106

  Total revenues


13,111


16,884


36,398


51,816

Cost of revenues:









   System-on-a-chip products


(11,188)


(11,248)


(29,633)


(34,246)

   Semiconductor product testing services


(11)


(27)


(38)


(45)

Total cost of revenues


(11,199)


(11,275)


(29,671)


(34,291)

Gross profit


1,912


5,609


6,727


17,525

Other operating income


30


501


659


653

Operating expenses:









  Research and development


(10,667)


(6,547)


(24,057)


(19,909)

  General and administrative


(3,130)


(2,133)


(7,954)


(6,217)

  Selling and marketing


(556)


(447)


(1,574)


(1,443)

Total operating expenses


(14,353)


(9,127)


(33,585)


(27,569)

Loss from operations


(12,411)


(3,017)


(26,199)


(9,391)

Other income (expenses)


846


187


(1,651)


1,557

Dividend income from an other investment


-


-


423


493

Interest income


2,029


2,926


7,912


9,117

Interest expense


(87)


(128)


(383)


(352)

(Loss) income before income taxes, equity in net income (loss) of
equity method investees and non-controlling interest


(9,623)


(32)


(19,898)


1,424

Income tax credit (expense)


353


(197)


1,459


(295)

Equity in net income (loss) of equity method investees


27


77


234


(182)

Net (loss) income


(9,243)


(152)


(18,205)


947

Add: Net loss attributable to non-controlling interest


-


-


-


1

Net (loss) income attributable to Actions Semiconductor Co., Ltd.


(9,243)


(152)


(18,205)


948










Net (loss) income attributable to Actions Semiconductor Co., Ltd.









Basic (per share)


(0.023)


(0.000)


(0.044)


0.002

Diluted (per share)

(0.023)


(0.000)


(0.044)


0.002










Basic (per ADS)


(0.137)


(0.002)


(0.267)


0.014

Diluted (per ADS)


(0.137)


(0.002)


(0.267)


0.013










Weighted-average shares used in computation:









Basic


403,462,431


413,849,403


409,491,710


412,083,249

Diluted


403,462,431


413,849,403


409,491,710


425,687,178










Weighted-average ADS used in computation :









Basic


67,243,739


68,974,901


68,248,618


68,680,542

Diluted


67,243,739


68,974,901


68,248,618


70,947,863










Note: Share-based compensation recorded in each









expense classification above is as follows:









  Research and development


3


68


10


273

  General and administrative


1


22


5


54

  Selling and marketing


-


3


-


14

  Cost of revenues


-


-


-


49


« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
CST: Webinar November 9, 2017

Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
DVCon Europe 2017: Munich and So much more
More Editorial  
Jobs
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Upcoming Events
25th IFIP/IEEE International Conference on Very Large Scale Integration (VLSI-SoC 2017) at Yas Viceroy Abu Dhabi Yas Marina Circuit, Yas Island Abu Dhabi United Arab Emirates - Oct 23 - 25, 2017
ARM TechCon 2017 at Santa Clara Convention Center Santa Clara CA - Oct 24 - 26, 2017
MIPI DevCon Bangalore 2017 at The Leela Palace Bengaluru India - Oct 27, 2017
MIPI DevCon Hsinchu City 2017 at Sheraton Hsinchu Hotel Taiwan - Oct 31, 2017
CST: Webinar series



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise