Alpha and Omega Semiconductor Ltd reports results for the quarter ended in December - Earnings Summary

Alpha and Omega Semiconductor

06/02/2024 22:02

* Alpha and Omega Semiconductor Ltd  AOSL.OQ  reported
quarterly
adjusted earnings of 24 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 67 cents.  The mean expectation of
three analysts for the quarter was for earnings of 15 cents per
share. 
    * Revenue fell 12.4% to $165.29 million from a year ago;
analysts
expected $165.00 million. 
    * Alpha and Omega Semiconductor Ltd's reported EPS for the
quarter
was a loss of 10 cents​.
    * The company reported a quarterly loss of $2.92 million.
    * Alpha and Omega Semiconductor Ltd shares had risen by 0.0%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the
semiconductors peer
group is also "hold"

Wall Street's median 12-month price target for Alpha and Omega
Semiconductor Ltd is $35.00 
This summary was machine generated from LSEG data February 6 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.15           0.24           Beat
 Sep. 30 2023      0.32           0.33           Beat
 Jun. 30 2023      0.02           0.19           Beat
 Mar. 31 2023      -0.19          -0.21          Missed