AOS reports record Q1 revenue $187M, EPS $0.85; CEO voluntarily cuts bonus 50%

ALPHA & OMEGA SEMICONDUCTOR Ltd

2022-Q1 EPS reported $0.85 revenue$187,035,000

Revenue $187.0M (up 23% YoY); GAAP diluted EPS $0.85 vs $0.36 YoY; non-GAAP diluted EPS $1.06 vs $0.55.
Gross margin improved to 34.5% from 28.1% YoY; non-GAAP gross margin 35.3%.
Operating income $24.9M vs $10.3M YoY; net income attributable to AOS $23.4M vs $9.6M.
CEO Mike Chang voluntarily waived 50% of his 2021 cash bonus due to employee contributions; Compensation Committee approved Nov 1.

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