Quarterly Report: Losses, but Optimistic Forecasts at Alpha and Omega Semiconductor

Alpha and Omega Semiconductor (AOSL) released its fourth-quarter financial results on Wednesday. The Sunnyvale, California-based company reported a loss of $2.7 million, or 9 cents per share. However, excluding one-time gains and costs, the adjusted earnings amounted to 9 cents per share. During the same period, the chip manufacturer achieved a revenue of $161.3 million. For the full year, the company reported a loss of $11.1 million, or 39 cents per share. Annual revenue was reported at $657.3 million. Despite the current losses, the company remains optimistic for the ongoing quarter. Alpha and Omega Semiconductor expects revenue to be between $170 million and $190 million. Notably, the development of the AOSL stock is significant: since the beginning of the year, it has risen by 28 percent. At the close of trading on Wednesday, the stock price was $33.44, which represents a slight decline over the past twelve months.