Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2023 Ended March 31, 2023

SUNNYVALE, Calif. — (BUSINESS WIRE) — May 3, 2023 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2023 ended March 31, 2023.

The results for the fiscal third quarter of 2023 ended March 31, 2023 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

Three Months Ended

 

March 31,
2023

December 31,
2022

March 31,
2022

Revenue

$

132.6

 

$

188.8

 

$

203.2

 

Gross Margin

 

23.2

%

 

28.1

%

 

35.6

%

Operating Income (Loss)

$

(14.4

)

$

8.8

 

$

31.2

 

Net Income (Loss)

$

(18.9

)

$

6.3

 

$

31.7

 

Net Income (Loss) Per Share - Diluted

$

(0.68

)

$

0.21

 

$

1.11

 

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

Three Months Ended

 

March 31,
2023

December 31,
2022

March 31,
2022

Revenue

$

132.6

 

$

188.8

 

$

203.2

 

Non-GAAP Gross Margin

 

25.1

%

 

29.5

%

 

36.7

%

Non-GAAP Operating Income (Loss)

$

(2.9

)

$

22.8

 

$

40.5

 

Non-GAAP Net Income (loss)

$

(5.9

)

$

20.0

 

$

38.2

 

Non-GAAP Net Income (Loss) Per Share - Diluted

$

(0.21

)

$

0.67

 

$

1.34

 


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