SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Alpha and Omega Semiconductor Ltd. (AOSL) on Wednesday reported a loss of $2.1 million in its fiscal first quarter.
On a per-share basis, the Sunnyvale, California-based company said it had a loss of 7 cents. Earnings, adjusted for one-time gains and costs, came to 13 cents per share.
The chipmaker posted revenue of $182.5 million in the period.
For the current quarter ending in December, Alpha and Omega said it expects revenue in the range of $150 million to $170 million.
Alpha and Omega shares have decreased 27% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.10, an increase of 1% in the last 12 months.
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