Alpha and Omega Semiconductor Ltd reports results for the quarter ended in December - Earnings Summary

Alpha and Omega Semiconductor Ltd (AOSL.OQ) reported quarterly adjusted earnings of 24 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of three analysts for the quarter was for earnings of 15 cents per share. Revenue fell 12.4% to $165.29 million from a year ago; analysts expected $165.00 million. Alpha and Omega Semiconductor Ltd’s reported EPS for the quarter was a loss of 10 cents. The company reported a quarterly loss of $2.92 million. Alpha and Omega Semiconductor Ltd shares had risen by 0.0% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 16.7% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 2 “strong buy” or “buy,” no “hold” and 1 “sell” or “strong sell.” The average consensus recommendation for the semiconductors peer group is also “hold” Wall Street’s median 12-month price target for Alpha and Omega Semiconductor Ltd is $35.00 This summary was machine generated from LSEG data February 6 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Dec. 31 2023 0.15 0.24 Beat Sep. 30 2023 0.32 0.33 Beat Jun. 30 2023 0.02 0.19 Beat Mar. 31 2023 -0.19 -0.21 Missed