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Actel Corporation
Nasdaq:ACTL

Actel Corporation designs, develops and markets field-programmable gate arrays (FPGAs), including general purpose FPGAs, high-reliability FPGAs and BridgeFPGA programmable interface products. 

Actel Corporation conçoit, développe et commercialise des gammes de portes field-programmable (FPGAs), des produits programmables y compris FPGAs tout usage, haut-fiabilité FPGAs et de BridgeFPGA interface.

http://www.actel.com



ACTEL ANNOUNCES FIRST QUARTER 2008 FINANCIAL RESULTS
Mountain View, Calif. – Actel Corporation (NASDAQ: ACTL) today announced net revenues of $54.8 million for the first quarter of 2008, up 6 percent from the fourth quarter of 2007 and up 13 percent from the first quarter of 2007.
Non-GAAP net income, which excludes stock-based compensation, option restatement expenses, and other nonrecurring adjustments, was $2.9 million for the first quarter of 2008 compared with $2.6 million for the fourth quarter of 2007 and $2.1 million for the first quarter of 2007. Non-GAAP earnings were $0.11 per diluted share for the first quarter of 2008 compared with $0.10 for the fourth quarter of 2007 and $0.08 for the first quarter of 2007.
Including stock-based compensation, option restatement expenses and other adjustments in accordance with generally accepted accounting principles (GAAP), Actel reported net income of $0.2 million, or $0.01 per diluted share, for the first quarter of 2008 compared with a net loss of $1.3 million, or ($0.05) per basic share, for the fourth quarter of 2007 and net loss of $0.7 million, or ($0.03) per basic share, for the first quarter of 2007.
 

 
 

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