Alpha and Omega Semiconductor's Q4 revenue falls less than expected

Alpha and Omega Semiconductor

12/08/2026 21:10

Overview
Power semiconductor supplier's fiscal Q4 revenue declined 3.5% yr/yr, beating analyst expectations
Adjusted loss per share for fiscal Q4 beat analyst expectations
Company cited Advanced Computing and Communications strength offsetting PC market softness

Outlook
Company expects Q1 revenue of $176 mln, plus or minus $10 mln
AOS sees Q1 GAAP gross margin at 23.8%, non-GAAP at 24.5%, both plus or minus 1%
Company expects improved gross margins in H2 2026 on favorable product mix and pricing

Result Drivers
ADVANCED COMPUTING GROWTH - Co said strength in Advanced Computing, especially AI and server applications, drove Q4 results
COMMUNICATIONS SEGMENT - Growth in Communications segment helped by new products ramping with Tier 1 U.S. smartphone customer, per CEO Stephen Chang
PC MARKET SOFTNESS - Ongoing softness in traditional PC market due to elevated memory pricing weighed on results

Company press release: ID:nBw3Yg2Wza

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$170.4 mln
$168 mln (4 Analysts)
Q4 Adjusted Loss Per Share
Beat
$0.13
$0.24 (4 Analysts)
Q4 Loss Per Share
 
$0.43
 
Q4 Adjusted Gross Margin
 
23.7%
 
Q4 Adjusted operating income
 
-$4.8 mln
 
Q4 Operating income
 
-$11 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Alpha and Omega Semiconductor Limited is $46.00, about 32% above its August 11 closing price of $34.84

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Aug 10 - Ceva Q2 revenue beats analyst estimates on AI demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)