Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2020 Ended March 31, 2020

SUNNYVALE, Calif. — (BUSINESS WIRE) — May 5, 2020 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2020 ended March 31, 2020.

The results for the fiscal third quarter of 2020 ended March 31, 2020 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

Three Months Ended

 

 

March 31,
2020

 

December 31,
2019

 

March 31,
2019

Revenue

 

$

106.9

 

 

$

117.9

 

 

$

109.1

 

Gross Margin

 

21.0

%

 

20.7

%

 

23.5

%

Operating Loss

 

$

(8.6

)

 

$

(3.4

)

 

$

(3.7

)

Net Loss Attributable to AOS

 

$

(6.5

)

 

$

(1.0

)

 

$

(1.6

)

Net Loss Per Share Attributable to AOS - Diluted

 

$

(0.26

)

 

$

(0.04

)

 

$

(0.06

)

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,
2020

 

December
31,2019

 

March 31,
2019

Revenue

 

$

106.9

 

 

$

117.9

 

 

$

109.1

 

Non-GAAP Gross Margin

 

27.5

%

 

28.3

%

 

27.0

%

Non-GAAP Operating Income

 

$

3.5

 

 

$

7.6

 

 

$

6.3

 

Non-GAAP Net Income Attributable to AOS

 

$

2.9

 

 

$

5.8

 

 

$

5.5

 

Non-GAAP Net Income Per Share Attributable to AOS - Diluted

 

$

0.11

 

 

$

0.23

 

 

$

0.22

 


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