Actions Semiconductor Q1 Loss Narrows - Quick Facts

(RTTNews) - Actions Semiconductor Co., Ltd. (ACTS) said that net loss attributable to shareholders for the first quarter of 2015 was $5.0 million or $0.085 per American Depositary Share or "ADS", narrower than $5.5 million or $0.080 per ADS in the comparable quarter last year.

Revenue for the latest first quarter was $10.48 million, compared to $11.31 million for the prior year period.

The company expects revenue in the second quarter of 2015 to be in the range of $13.0 to $14.0 million. The company expects shipments its newly launched products to ramp quickly in the upcoming quarter and accelerate in the second half of 2015.