AAT releases quarterly results

Advanced Analogic Technologies (AAT), an analogue semiconductor company, has reported that net revenue for the second quarter of 2010 was $23.1m (£14.7m) − an increase of 0.7 per cent over $23m for the second quarter of 2009 and an increase of six per cent from $21.9m for the first quarter of 2010.

GAAP net loss was $3.9m, or $0.09 per diluted share, compared with a loss of $2.5m, or $0.06 per diluted share, for the second quarter of 2009 and a net loss of $4.2m, or $0.1 per diluted share, for the first quarter of 2010.

On a non-GAAP basis, net loss was $2.7m, or $0.06 per diluted share, compared with a loss of $0.8m, or $0.02 per diluted share, for the second quarter of 2009 and a net loss of $2.9m, or $0.07 per diluted share, for the first quarter of 2010.