Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2018 Ended March 31, 2018

On a non-GAAP basis excluding the effect of share-based compensation expenses in each of the periods presented, income tax benefit from tax reform for the quarter ended December 31, 2017, and pre-production costs relating to the Chongqing joint venture, the results were as set forth below (see detailed reconciliation included at the end of this press release).

 
Non-GAAP Financial Comparison
Quarterly
(in millions, except percentage and per share data)
(unaudited)
           
Three Months Ended

March 31,
2018

December 31,
2017

March 31,
2017

Revenue $ 102.9 $ 103.9 $ 93.3
Gross Margin 26.8 % 27.4 % 24.6 %
Operating Income $ 5.9 $ 7.2 $ 4.7
Net Income attributable to AOS $ 5.7 $ 8.1 $ 5.3
Income Per Share attributable to AOS - Diluted $ 0.23 $ 0.32 $ 0.21
 

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