Alpha and Omega Semiconductor Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year Ended June 30, 2021

The non-GAAP financial measures in the schedule above exclude the effect of share-based compensation expenses, legal costs related to government investigation and income tax effect of non-GAAP adjustments in each of the periods presented, production ramp up costs for the quarter ended June 30, 2020, as well as amortization of purchased intangible for the quarters ended June 30, 2021 and March 31, 2021. A detailed reconciliation of GAAP and non-GAAP financial measures is included at the end of this press release.

The results for the fiscal year ended June 30, 2021 were as follows:

GAAP Financial Comparison

Annually

(in millions, except percentage and per share data)

(unaudited)

 

 

Year Ended June 30,

 

 

 

 

2021

 

2020

 

 

 

Revenue

 

$

656.9

 

 

$

464.9

 

 

 

 

Gross Margin

 

31.1

%

 

22.1

%

 

 

Operating Income (Loss)

 

$

64.1

 

 

$

(13.9

)

 

 

 

Net Income (Loss) Attributable to AOS

 

$

58.1

 

 

$

(6.6

)

 

 

 

Net Income (Loss) Per Share attributable to AOS - Diluted

 

$

2.13

 

 

$

(0.27

)

 

 

 

Non-GAAP Financial Comparison

Annually

(in millions, except percentage and per share data)

(unaudited)

 

 

Year Ended June 30,

 

 

 

 

2021

 

2020

 

 

Revenue

 

$

656.9

 

 

$

464.9

 

 

 

Non-GAAP Gross Margin

 

31.9

%

 

27.9

%

 

 

Non-GAAP Operating Income

 

$

86.0

 

 

$

27.3

 

 

 

Non-GAAP Net Income Attributable to AOS

 

$

79.9

 

 

$

22.5

 

 

 

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

 

$

2.93

 

 

$

0.88

 

 

 


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