Alpha And Omega Semiconductor Q4 Loss Narrows

(RTTNews) - Alpha and Omega Semiconductor Ltd. (AOSL) reported a net loss for the fourth quarter of $0.5 million or $0.02 per share, compared to a net loss of $4.1 million or $0.16 per share for the year-ago quarter.

Excluding items, adjusted net income for the fourth quarter was $0.7 million or $0.03 per share, compared to an adjusted net loss of $2.8 million or $0.11 per share in the prior year quarter.

Revenue for the fourth quarter rose to %82.3 million from $77.2 million a year ago.

Looking forward, the company forecasts first quarter revenue to be between $85 million and $89 million.