Advanced Analogic Technologies, Inc. reported financial results for the second quarter ended June 30, 2011. Net revenue for the second quarter of 2011 was $24.1 million, compared to net revenue of $23.1 million for the second quarter of 2010, and $20.5 million for the first quarter of 2011.
In accordance with U.S. generally accepted accounting principles (GAAP), net loss for the second quarter of 2011 was $3.1 million, or $0.07 per diluted share, including non-recurring charges for acquisition-related expenses. This compares to a GAAP net loss of $3.9 million, or $0.09 per diluted share, for the second quarter of 2010 and a GAAP net loss of $7.7 million, or $0.18 per diluted share, for the first quarter of 2011.