Actions Semiconductor posts quarterly revenue

Chinese company Actions Semiconductor has reported that company revenue for the first quarter of 2010 was $7.9m (£5.4m), compared with $7.9m for the fourth quarter of 2009 and $12.2m for the first quarter of 2009.

Net loss attributable to Actions Semiconductor shareholders for the first quarter of 2010 was $0.9m, or $0.01 per ADS, compared with $7.5m, or $0.10 per ADS, for the fourth quarter of 2009 and $1.5m, or $0.02 per ADS, for the first quarter of 2009.