Fairchild Semiconductor posts surprise quarterly loss
April 18 (Reuters) - Chipmaker Fairchild Semiconductor International Inc reported a surprise quarterly loss as adjusted gross margins slipped 2 percentage points.
The net loss fell to $0.5 million in the first quarter, compared with $1.6 million, or 1 cent a share, a year earlier.
Excluding items, the company posted a loss of 2 cents per share, compared with analysts' estimate of a profit of 4 cents per share, according to Thomson Reuters I/B/E/S.
The company makes analog chips for PCs, mobile phones and cars.