Peregrine Semiconductor Corp. Posts Q4 Loss - Quick Facts

(RTTNews) - Peregrine Semiconductor Corporation (PSMI) Monday reported fourth-quarter loss of $6.8 million or $0.21 per share, compared to a profit of $5.6 million or $0.15 per share in the same period last year.

Adjusted loss for the quarter was $5.1 million or $0.16 per share. On average, seven analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $43.3 million from $63.0 million last year. Analysts expected revenues of $45.09 million.

Looking ahead to the first quarter, the company has forecast revenues in the range of $33 million to $36 million. Analysts currently expect first-quarter revenues of $43.45 million.