Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2021 Ended March 31, 2021

SUNNYVALE, Calif. — (BUSINESS WIRE) — May 5, 2021 — Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2021 ended March 31, 2021.

The results for the fiscal third quarter of 2021 ended March 31, 2021 were as follows:

GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

Three Months Ended

 

 

March 31,
2021

 

December 31,
2020

 

March 31,
2020

Revenue

 

$

169.2

 

 

$

158.8

 

 

$

106.9

 

 

Gross Margin

 

31.1

%

 

30.7

%

 

21.0

 

%

Operating Income (Loss)

 

$

17.8

 

 

$

13.6

 

 

$

(8.6

)

 

Net Income (Loss) Attributable to AOS

 

$

16.1

 

 

$

12.9

 

 

$

(6.5

)

 

Net Income (Loss) Per Share Attributable to AOS - Diluted

 

$

0.58

 

 

$

0.47

 

 

$

(0.26

)

 

Non-GAAP Financial Comparison

Quarterly

(in millions, except percentage and per share data)

(unaudited)

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 2021

 

December 31,
2020

 

March 31, 2020

Revenue

 

$

169.2

 

 

$

158.8

 

 

$

106.9

 

Non-GAAP Gross Margin

 

31.9

%

 

31.4

%

 

27.5

%

Non-GAAP Operating Income

 

$

23.0

 

 

$

18.5

 

 

$

3.5

 

Non-GAAP Net Income Attributable to AOS

 

$

21.4

 

 

$

17.8

 

 

$

2.9

 

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

 

$

0.77

 

 

$

0.65

 

 

$

0.11

 


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