SUNNYVALE, Calif. — (BUSINESS WIRE) — November 4, 2023 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal first quarter of 2024 ended September 30, 2023.
The results for the fiscal first quarter of 2024 ended September 30, 2023 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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|
September 30,
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June 30,
|
|
September 30,
|
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Revenue |
|
$ |
180.6 |
|
|
$ |
161.5 |
|
|
$ |
208.5 |
|
Gross Margin |
|
|
28.2 |
% |
|
|
27.6 |
% |
|
|
34.1 |
% |
Operating Income |
|
$ |
9.4 |
|
|
$ |
2.6 |
|
|
$ |
25.5 |
|
Net Income (Loss) |
|
$ |
5.8 |
|
|
$ |
(1.1 |
) |
|
$ |
26.0 |
|
Net Income (Loss) Per Share - Diluted |
|
$ |
0.19 |
|
|
$ |
(0.04 |
) |
|
$ |
0.88 |
|
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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|
September 30, 2023 |
|
June 30, 2023 |
|
September 30, 2022 |
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| Revenue |
|
$ |
180.6 |
|
|
$ |
161.5 |
|
|
$ |
208.5 |
|
| Non-GAAP Gross Margin |
|
|
28.8 |
% |
|
|
28.5 |
% |
|
|
35.4 |
% |
| Non-GAAP Operating Income |
|
$ |
11.2 |
|
|
$ |
6.9 |
|
|
$ |
37.1 |
|
| Non-GAAP Net Income |
|
$ |
9.9 |
|
|
$ |
5.7 |
|
|
$ |
35.2 |
|
| Non-GAAP Net Income Per Share - Diluted |
|
$ |
0.33 |
|
|
$ |
0.19 |
|
|
$ |
1.20 |
|
