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ACTEL CORPORATION ANNOUNCES SECOND QUARTER BUSINESS UPDATE

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Title: ACTEL CORPORATION ANNOUNCES SECOND QUARTER BUSINESS UPDATE
Date: 6/9/2005
Industry: Semiconductors     Sector: Technology

ACTEL CORPORATION ANNOUNCES SECOND QUARTER BUSINESS UPDATE, Parties: actel corp
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Contact: Jon Anderson, Actel Corporation (650) 318-4445

 

 

 

For Release: June 9, 2005 @ 1:30 P.M. PT

 

 

 

 

 

           ACTEL CORPORATION ANNOUNCES SECOND QUARTER BUSINESS UPDATE

 

 

 

     Mountain View,   Calif. - June 9, 2005 - Actel   Corporation   (NASDAQ:   ACTL)

today   released   its   business   update   for the second   quarter of fiscal   2005,

confirming its previous guidance.

 

     Actel believes that second quarter revenues will be flat sequentially or up

slightly.   Gross   margin is expected   to be about 59%.   Operating   expenses   are

anticipated   to come in at   approximately   $24.7   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 about 25.6 million shares.

 

     The statements   above are   forward-looking   statements   made under t


 
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