Alpha and Omega Semiconductor Sheds Nearly 15% After Hours Despite Fiscal Q2 EPS and Revenue Beats
$Alpha & Omega Semiconductor (AOSL.US)$ fell more than 14% after hours Wednesday even though the chipmaker beat analyst estimates for fiscal Q2 earnings and revenue.
AOSL fell 14.1% to $37.21 shortly before 5 p.m. ET despite reporting $0.09 in non-GAAP earnings on $173.2 million of revenues. That exceeded the $0.08 in adjusted EPS on $170.1 million in revenues that published reports indicated analysts had expected.
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Jerry Kronenberg
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Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
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