Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Second Quarter of 2024 Ended December 31, 2023

SUNNYVALE, Calif. — (BUSINESS WIRE) — February 5, 2024 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal second quarter of 2024 ended December 31, 2023.

The results for the fiscal second quarter of 2024 ended December 31, 2023 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

Three Months Ended

 

 

December 31,
2023

 

September 30,
2023

 

December 31,
2022

Revenue

 

$

165.3

 

 

$

180.6

 

 

$

188.8

 

Gross Margin

 

 

26.6

%

 

 

28.2

%

 

 

28.1

%

Operating Income (Loss)

 

$

(1.1

)

 

$

9.4

 

 

$

8.8

 

Net Income (Loss)

 

$

(2.9

)

 

$

5.8

 

 

$

6.3

 

Net Income (Loss) Per Share - Diluted

 

$

(0.10

)

 

$

0.19

 

 

$

0.21

 

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

December 31,
2023

 

September 30,
2023

 

December 31,
2022

Revenue

 

$

165.3

 

 

$

180.6

 

 

$

188.8

 

Non-GAAP Gross Margin

 

 

28.0

%

 

 

28.8

%

 

 

29.5

%

Non-GAAP Operating Income

 

$

8.4

 

 

$

11.2

 

 

$

22.8

 

Non-GAAP Net Income

 

$

7.2

 

 

$

9.9

 

 

$

20.0

 

Non-GAAP Net Income Per Share - Diluted

 

$

0.24

 

 

$

0.33

 

 

$

0.67

 


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