SUNNYVALE, Calif. — (BUSINESS WIRE) — May 6, 2024 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2024 ended March 31, 2024.
The results for the fiscal third quarter of 2024 ended March 31, 2024 were as follows:
GAAP Financial Comparison |
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Quarterly |
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(in millions, except percentage and per share data) |
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(unaudited) |
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|
Three Months Ended |
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|
|
March 31,
|
|
December 31,
|
|
March 31,
|
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Revenue |
|
$ |
150.1 |
|
|
$ |
165.3 |
|
|
$ |
132.6 |
|
Gross Margin |
|
|
23.7 |
% |
|
|
26.6 |
% |
|
|
23.2 |
% |
Operating Loss |
|
$ |
(10.5 |
) |
|
$ |
(1.1 |
) |
|
$ |
(14.4 |
) |
Net Loss |
|
$ |
(11.2 |
) |
|
$ |
(2.9 |
) |
|
$ |
(18.9 |
) |
Net Loss Per Share - Diluted |
|
$ |
(0.39 |
) |
|
$ |
(0.10 |
) |
|
$ |
(0.68 |
) |
Non-GAAP Financial Comparison |
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Quarterly |
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(in millions, except percentage and per share data) |
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| (unaudited) |
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Three Months Ended |
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|
|
|
March 31, 2024 |
|
December 31, 2023 |
|
March 31, 2023 |
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| Revenue |
|
$ |
150.1 |
|
|
$ |
165.3 |
|
|
$ |
132.6 |
|
| Non-GAAP Gross Margin |
|
|
25.2 |
% |
|
|
28.0 |
% |
|
|
25.1 |
% |
| Non-GAAP Operating Income (Loss) |
|
$ |
(1.1 |
) |
|
$ |
8.4 |
|
|
$ |
(2.9 |
) |
| Non-GAAP Net Income (Loss) |
|
$ |
(1.2 |
) |
|
$ |
7.2 |
|
|
$ |
(5.9 |
) |
| Non-GAAP Net Income (Loss) Per Share - Diluted |
|
$ |
(0.04 |
) |
|
$ |
0.24 |
|
|
$ |
(0.21 |
) |
