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ACL Semiconductors, Inc. Reports Profitable Third Quarter on Revenues of $51.3 Million.

Publication: PR Newswire
Publication Date: 17-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
KOWLOON, HONG KONG, Nov. 17 /PRNewswire-FirstCall/ -- ACL Semiconductors, Inc. (BULLETIN BOARD: ACLO) , one of Asia's largest distributors of memory chip products, reported its financial results for the three and nine months ended September 30, 2008. Full details on third quarter 2008 financial results are available on Form 10-QSB at http://www.sec.gov/.

For the three months ended September 30, 2008, ACL Semiconductors reported revenues of $51.3 million, representing an increase of 17% compared to $44.0 million in revenues for the three months ended September 30, 2007. Third quarter 2008 revenues were in line with the Company's previously announced expectations for approximately $50 million in...

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