Alpha and Omega Semiconductor Ltd reports results for the quarter ended in September 30 - Earnings Summary

Alpha and Omega Semiconductor

05/11/2024 07:43

* Alpha and Omega Semiconductor Ltd  AOSL.OQ  reported
quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 33 cents.  The mean expectation of
three analysts for the quarter was for earnings of 22 cents per
share. Wall Street expected results to range from 21 cents to 23
cents per share.
    * Revenue rose 0.7% to $181.89 million from a year ago;
analysts
expected $180.07 million. 
    * Alpha and Omega Semiconductor Ltd's reported EPS for the
quarter
was a loss of 9 cents​.
    * The company reported a quarterly loss of $2.5 million.
    * Alpha and Omega Semiconductor Ltd shares had fallen
by 10.4%
this quarter and gained 27.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.8%
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 42.00 
This summary was machine generated from LSEG data November 5 at
07:43 a.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
 Sep. 30 2024      0.22           0.21           Missed
 Jun. 30 2024      0.04           0.09           Beat
 Mar. 31 2024      -0.14          -0.04          Beat
 Dec. 31 2023      0.15           0.24           Beat