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Non-Tech : EARNINGS REPORTING - surprises, misses & more -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (611)	5/3/2001 9:12:28 PM
From: 2MAR$	Read Replies (1) \| Respond to of 762

AHAA ( $25 unchanged)posts Q4 miss, expands (-30% !!) Q1 loss guidance WOBURN, Mass., May 1 (Reuters) - Circuit maker Alpha Industries Inc. (NasdaqNM:AHAA - news) on Tuesday said its fourth-quarter earnings fell more than 30 percent because of excess inventory among its customers, and forecast a net loss for the June quarter. Alpha said fourth-quarter net income totaled $3.4 million, or 8 cents per diluted share, compared with $4.9 million or 11 cents a year earlier. Analysts on average had expected income of 5 cents per share, according to Thomson Financial/First Call, matching the company's March 7 guidance. The company said that it faces continued excess inventory, and expects to post a net loss ranging from 8 cents to 10 cents per share in the June quarter. Analysts had expected a profit of 5 cents per share, according to First Call. Alpha said it expects the industry to hit bottom in June with respect to excess inventory, and ``believes supply equilibrium'' will be reached in the second half of calendar 2001. Shares of Alpha fell to $22.59 in after-hours trading from a $24.79 close on the Nasdaq exchange, according to Instinet.