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

Alpha and Omega Semiconductor

09/08/2023 22:03

* Alpha and Omega Semiconductor Ltd  AOSL.OQ  reported
quarterly
adjusted earnings of 19 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue fell 16.7% to $161.53 million from a year ago;
analysts
expected $155.63 million. 
    * Alpha and Omega Semiconductor Ltd's reported EPS for the
quarter
was a loss of 4 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alpha and Omega Semiconductor Ltd shares had risen by 2.3%
this
quarter and gained 17.5% so far this year.
    * The company reported a quarterly loss of $1.1 million.
    * Wall Street's median 12-month price target for Alpha and
Omega
Semiconductor Ltd is $28.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           0.19           Beat
 Mar. 31 2023      -0.19          -0.21          Missed
 Dec. 31 2022      0.88           0.67           Missed
 Sep. 30 2022      1.21           1.20           Missed