Alpha and Omega Semiconductor Ltd expected to post a loss of 14 cents a share - Earnings Preview

Alpha and Omega Semiconductor

04/05/2024 01:32

* Alpha and Omega Semiconductor Ltd  AOSL.OQ   AOSL.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 7 for the period ending March 31 2024
    * The Sunnyvale California-based  company is expected to
report a
13.1% increase in revenue to $150 million from $132.6 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on February 6 2024, for the
period ended March 31, was for revenue between $140.00 million
and $160.00 million.
    * ​LSEG's mean analyst estimate for Alpha and Omega
Semiconductor
Ltd is for a loss of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alpha and
Omega
Semiconductor Ltd is $28.00​, above​ its last closing price
of $22.36. ​​​

The company's guidance on February 6 2024 for the period ended
March 31 was for Capital Expenditures between USD8 million and
USD12 million.The company's guidance on February 6 2024 for the
period ended March 31 was for gross profit margin between USD24%
and USD26%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.15        0.15       0.24      Beat    60
 Sep. 30 2023  0.32        0.32       0.33      Beat    4.2
 Jun. 30 2023  0.03        0.02       0.19      Beat    714.4​
 Mar. 31 2023  -0.19       -0.19      -0.21     Missed  -8.6
 ​​Dec.        0.91        0.88       0.67      Missed  -24.2
 31 2022                                                
 Sep. 30 2022  1.21        1.21       1.20      Missed  -0.4​
 Jan. 1 0001   0.86        0.86       0.95      Beat    10.6
 Mar. 31 2022  1.18        1.18       1.34      Beat    13.7
 This summary was machine generated May 4 at 00:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)