earnings
confidence medium
sentiment negative
materiality 0.85
AOS reports Q3 FY2023 GAAP net loss of $18.9M on revenue down 35% YoY
ALPHA & OMEGA SEMICONDUCTOR Ltd
2023-Q3 EPS reported
$0.46
revenue$529,796,000
- Revenue $132.6M, down 30% QoQ and 35% YoY from $203.2M.
- GAAP gross margin 23.2% vs 35.6% a year ago; operating loss of $14.4M.
- GAAP diluted EPS loss $0.68; non-GAAP diluted EPS loss $0.21.
- Non-GAAP net loss $5.9M vs non-GAAP net income of $38.2M a year ago.
- Sharp sequential decline driven by weaker demand and inventory adjustments.