SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Alpha and Omega Semiconductor Ltd. (AOSL) on Thursday reported a fiscal third-quarter loss of $18.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Sunnyvale, California-based company said it had a loss of 68 cents. Losses, adjusted for stock option expense and non-recurring costs, were 21 cents per share.
The chipmaker posted revenue of $132.6 million in the period.
For the current quarter ending in June, Alpha and Omega said it expects revenue in the range of $155 million to $165 million.
Alpha and Omega shares have fallen 18% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $23.32, a drop of 51% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOSL at https://www.zacks.com/ap/AOSL
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
