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Alpha and Omega: Fiscal Q2 Earnings Snapshot

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SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Alpha and Omega Semiconductor Ltd. (AOSL) on Monday reported fiscal second-quarter net income of $6.3 million.

The Sunnyvale, California-based company said it had profit of 21 cents per share. Earnings, adjusted for one-time gains and costs, were 67 cents per share.

The chipmaker posted revenue of $188.8 million in the period.

For the current quarter ending in March, Alpha and Omega said it expects revenue in the range of $125 million to $135 million.

Alpha and Omega shares have climbed 26% since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.07, a drop of 22% in the last 12 months.

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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

Article Topic Follows: AP National Business

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