Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2022 Ended March 31, 2022

SUNNYVALE, Calif. — (BUSINESS WIRE) — May 4, 2022 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2022 ended March 31, 2022.

The results for the fiscal third quarter of 2022 ended March 31, 2022 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

Three Months Ended

 

 

March 31,
2022

 

December 31,
2021

 

March 31,
2021

Revenue

 

$

203.2

 

 

$

193.3

 

 

$

169.2

 

Gross Margin

 

 

35.6

%

 

 

35.4

%

 

 

31.1

%

Operating Income

 

$

31.2

 

 

$

27.7

 

 

$

17.8

 

Net Income Attributable to AOS

 

$

31.7

 

 

$

383.0

 

 

$

16.1

 

Net Income Per Share Attributable to AOS - Diluted

 

$

1.11

 

 

$

13.54

 

 

$

0.58

 

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,
2022

 

December 31,
2021

 

March 31,
2021

Revenue

 

$

203.2

 

 

$

193.3

 

 

$

169.2

 

Non-GAAP Gross Margin

 

 

36.7

%

 

 

36.7

%

 

 

31.9

%

Non-GAAP Operating Income

 

$

40.5

 

 

$

37.4

 

 

$

23.0

 

Non-GAAP Net Income Attributable to AOS

 

$

38.2

 

 

$

34.0

 

 

$

21.4

 

Non-GAAP Net Income Per Share Attributable to AOS - Diluted

 

$

1.34

 

 

$

1.20

 

 

$

0.77

 


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