Actions Semiconductor Reports First Quarter 2014 Results

 

ACTIONS SEMICONDUCTOR CO., LTD.

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS

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










Three months  ended


Three months ended


Three months ended



March 31,


December 31,


March 31,



2014


2013


2013



(unaudited)


(unaudited)


(unaudited)








Revenues:







  Third-parties:







   System-on-a-chip products


9,566


15,095


15,769

   Semiconductor product testing services


27


29


17



9,593


15,124


15,786

  Related-parties:







   System-on-a-chip products


1,719


2,451


629

  Total revenues


11,312


17,575


16,415

Cost of revenues:







  Third-parties:







   System-on-a-chip products


(7,451)


(11,567)


(10,063)

   Semiconductor product testing services


(18)


(13)


(5)



(7,469)


(11,580)


(10,068)

  Related-parties:







   System-on-a-chip products


(1,227)


(2,094)


(399)

  Total cost of revenues


(8,696)


(13,674)


(10,467)

Gross profit


2,616


3,901


5,948

Other operating income


479


1,517


74

Operating expenses:







  Research and development


(6,776)


(6,086)


(6,022)

  General and administrative


(2,037)


(2,547)


(1,977)

  Selling and marketing


(384)


(614)


(495)

Total operating expenses


(9,197)


(9,247)


(8,494)

Loss from operations


(6,102)


(3,829)


(2,472)

Other (loss) income


(2,504)


779


220

Other-than-temporary impairment loss on investments


-


(681)


-

Interest income


3,080


3,241


3,198

Interest expense


(137)


(146)


(100)

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


(5,663)


(636)


846

Income tax credit (expense)


165


(108)


(353)

Equity in net income (loss) of equity method investees


3


(82)


(73)

Net (loss) income 


(5,495)


(826)


420

Add: Net loss attributable to non-controlling interest


-


1


1

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

(5,495)


(825)


421








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






Basic (per share)


(0.013)


(0.002)


0.001








Diluted (per share)


(0.013)


(0.002)


0.001








Basic (per ADS)


(0.080)


(0.012)


0.006

Diluted (per ADS)


(0.080)


(0.012)


0.006








Weighted-average shares outstanding used in computation:







Basic


411,501,170


412,162,575


410,117,085

Diluted


411,501,170


412,162,575


419,861,988








Weighted-average ADS outstanding used in computation :







Basic


68,583,528


68,693,763


68,352,848

Diluted


68,583,528


68,693,763


69,976,998








Note: Share-based compensation recorded in each







expense classification above is as follows:







  Research and development


4


74


164

  General and administrative


3


25


50

  Selling and marketing


(1)


3


8

  Cost of revenues


-


-


-


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



Review Article Be the first to review this article
HP

Autodesk - DelCAM

Featured Video
Jobs
Senior Mechanical Engineer for Verb Surgical at Mountain View, CA
CAD Systems Administrator for KLA-Tencor at Milpitas, CA
Principal Research Mechatronics Engineer for Verb Surgical at Mountain View, CA
Industrial Designer Intern – Spring 2017 for Nvidia at Santa Clara, CA
Lead Geospatial Analyst for Alion at McLean, VA
Upcoming Events
SOLIDWORKS 2017 Launch Event – Walsall at Village Hotel Club, Walsall, WS2 8TJ Walsall United Kingdom - Mar 30, 2017
PI APPAREL Hong Kong 2017 at SHANGRI-LA KOWLOON 64 Mody Road Tsim Sha Tsui East Kowloon Hong Kong - Apr 5 - 6, 2017
SOLIDWORKS intro and hands on session – Slough at Baylis House, Slough, Berkshire, SL1 3PB Slough United Kingdom - Apr 7, 2017
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
MasterCAM



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 EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise