|
ACTIONS SEMICONDUCTOR CO., LTD. | ||||||||
|
CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS | ||||||||
|
(in thousands of U.S. dollars, except per share amounts) | ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Three months ended |
|
Nine months ended |
|
Nine months ended |
|
|
|
September 30, |
|
September 30, |
|
September 30, |
|
September 30, |
|
|
|
2014 |
|
2013 |
|
2014 |
|
2013 |
|
|
|
(unaudited) |
|
(unaudited) |
|
(unaudited) |
|
(unaudited) |
|
|
|
|
|
|
|
|
|
|
|
Revenues: |
|
|
|
|
|
|
|
|
|
System-on-a-chip products |
|
13,084 |
|
16,830 |
|
36,317 |
|
51,710 |
|
Semiconductor product testing services |
|
27 |
|
54 |
|
81 |
|
106 |
|
Total revenues |
|
13,111 |
|
16,884 |
|
36,398 |
|
51,816 |
|
Cost of revenues: |
|
|
|
|
|
|
|
|
|
System-on-a-chip products |
|
(11,188) |
|
(11,248) |
|
(29,633) |
|
(34,246) |
|
Semiconductor product testing services |
|
(11) |
|
(27) |
|
(38) |
|
(45) |
|
Total cost of revenues |
|
(11,199) |
|
(11,275) |
|
(29,671) |
|
(34,291) |
|
Gross profit |
|
1,912 |
|
5,609 |
|
6,727 |
|
17,525 |
|
Other operating income |
|
30 |
|
501 |
|
659 |
|
653 |
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
Research and development |
|
(10,667) |
|
(6,547) |
|
(24,057) |
|
(19,909) |
|
General and administrative |
|
(3,130) |
|
(2,133) |
|
(7,954) |
|
(6,217) |
|
Selling and marketing |
|
(556) |
|
(447) |
|
(1,574) |
|
(1,443) |
|
Total operating expenses |
|
(14,353) |
|
(9,127) |
|
(33,585) |
|
(27,569) |
|
Loss from operations |
|
(12,411) |
|
(3,017) |
|
(26,199) |
|
(9,391) |
|
Other income (expenses) |
|
846 |
|
187 |
|
(1,651) |
|
1,557 |
|
Dividend income from an other investment |
|
- |
|
- |
|
423 |
|
493 |
|
Interest income |
|
2,029 |
|
2,926 |
|
7,912 |
|
9,117 |
|
Interest expense |
|
(87) |
|
(128) |
|
(383) |
|
(352) |
|
(Loss) income before income taxes, equity in net income (loss) of
|
|
(9,623) |
|
(32) |
|
(19,898) |
|
1,424 |
|
Income tax credit (expense) |
|
353 |
|
(197) |
|
1,459 |
|
(295) |
|
Equity in net income (loss) of equity method investees |
|
27 |
|
77 |
|
234 |
|
(182) |
|
Net (loss) income |
|
(9,243) |
|
(152) |
|
(18,205) |
|
947 |
|
Add: Net loss attributable to non-controlling interest |
|
- |
|
- |
|
- |
|
1 |
|
Net (loss) income attributable to Actions Semiconductor Co., Ltd. |
|
(9,243) |
|
(152) |
|
(18,205) |
|
948 |
|
|
|
|
|
|
|
|
|
|
|
Net (loss) income attributable to Actions Semiconductor Co., Ltd. |
|
|
|
|
|
|
|
|
|
Basic (per share) |
|
(0.023) |
|
(0.000) |
|
(0.044) |
|
0.002 |
|
Diluted (per share) |
(0.023) |
|
(0.000) |
|
(0.044) |
|
0.002 | |
|
|
|
|
|
|
|
|
|
|
|
Basic (per ADS) |
|
(0.137) |
|
(0.002) |
|
(0.267) |
|
0.014 |
|
Diluted (per ADS) |
|
(0.137) |
|
(0.002) |
|
(0.267) |
|
0.013 |
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares used in computation: |
|
|
|
|
|
|
|
|
|
Basic |
|
403,462,431 |
|
413,849,403 |
|
409,491,710 |
|
412,083,249 |
|
Diluted |
|
403,462,431 |
|
413,849,403 |
|
409,491,710 |
|
425,687,178 |
|
|
|
|
|
|
|
|
|
|
|
Weighted-average ADS used in computation : |
|
|
|
|
|
|
|
|
|
Basic |
|
67,243,739 |
|
68,974,901 |
|
68,248,618 |
|
68,680,542 |
|
Diluted |
|
67,243,739 |
|
68,974,901 |
|
68,248,618 |
|
70,947,863 |
|
|
|
|
|
|
|
|
|
|
|
Note: Share-based compensation recorded in each |
|
|
|
|
|
|
|
|
|
expense classification above is as follows: |
|
|
|
|
|
|
|
|
|
Research and development |
|
3 |
|
68 |
|
10 |
|
273 |
|
General and administrative |
|
1 |
|
22 |
|
5 |
|
54 |
|
Selling and marketing |
|
- |
|
3 |
|
- |
|
14 |
|
Cost of revenues |
|
- |
|
- |
|
- |
|
49 |
Actions Semiconductor Reports Third Quarter 2014 Results
 |  | More IC News
|
|
RELATED NEWS
