Actel Corporation Announces First Quarter Business Update

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- 10-03-2005 -- Actel Corporation (NASDAQ: ACTL) today released its business update for the first quarter of fiscal 2005.

Actel believes that first quarter revenues will increase sequentially in the mid single digit range. Gross margin is expected to be about 59%. Operating expenses are anticipated to come in at approximately $24.4 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 around 26.2 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.

No conference call will be held in conjunction with this business update. Actel's first quarter financial results will be released on April 26, 2005.

Editor's Note: The Actel name and logo are trademarks of Actel Corporation.

Contact:
Jon Anderson
Actel Corporation
(650) 318-4445





Review Article Be the first to review this article
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Job Openings: Can EDA Predict the Future
More Editorial  
Jobs
Senior FPGA Designer for Fidus Electronic Product Development at Fremont, CA
Verification Engineer for Ambarella at Santa Clara, CA
ASIC Design Engineer 2 for Ambarella at Santa Clara, CA
ASIC Design Engineer for Ambarella at Santa Clara, CA
Engr, Elec Des 2 for KLA-Tencor at Milpitas, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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 Policy