Alpha and Omega Semiconductor Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year Ended June 30, 2024

SUNNYVALE, Calif. — (BUSINESS WIRE) — August 6, 2024 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal fourth quarter and the fiscal year ended June 30, 2024.

The results for the fiscal fourth quarter ended June 30, 2024 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

Three Months Ended

 

 

June 30, 2024

 

March 31, 2024

 

June 30, 2023

Revenue

 

$

161.3

 

 

$

150.1

 

 

$

161.5

 

Gross Margin

 

 

25.7

%

 

 

23.7

%

 

 

27.6

%

Operating Income (Loss)

 

$

(1.5

)

 

$

(10.5

)

 

$

2.6

 

Net Loss

 

$

(2.7

)

 

$

(11.2

)

 

$

(1.1

)

Net Loss Per Share - Diluted

 

$

(0.09

)

 

$

(0.39

)

 

$

(0.04

)

 

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

Three Months Ended

 

 

June 30, 2024

 

March 31, 2024

 

June 30, 2023

Revenue

 

$

161.3

 

 

$

150.1

 

 

$

161.5

 

Non-GAAP Gross Margin

 

 

26.4

%

 

 

25.2

%

 

 

28.5

%

Non-GAAP Operating Income (Loss)

 

$

3.2

 

 

$

(1.1

)

 

$

6.9

 

Non-GAAP Net Income (Loss)

 

$

2.6

 

 

$

(1.2

)

 

$

5.7

 

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

 

$

0.09

 

 

$

(0.04

)

 

$

0.19

 


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