AOS reports Q2 FY2024 net loss of $2.9M, revenue down 12% YoY

ALPHA & OMEGA SEMICONDUCTOR Ltd

2024-Q2 EPS reported $0.10 revenue$345,918,000

Revenue $165.3M, down from $188.8M a year ago; gross margin 26.6% vs 28.1%.
GAAP net loss $2.9M (diluted EPS -$0.10) vs net income $6.3M ($0.21) in Q2 FY2023.
Non-GAAP net income $7.2M ($0.24 diluted), down from $20.0M ($0.67) YoY.
Operating loss $1.1M compared to operating income $8.8M in the prior-year quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALPHA & OMEGA SEMICONDUCTOR Ltd reported the fiscal second quarter of 2024 ended December 31, 2023 results: revenue $ 165.3, net income $ (2.9 ), EPS $ (0.10 ).

Period: the fiscal second quarter of 2024 ended December 31, 2023
Revenue: $ 165.3
Net income: $ (2.9 )
EPS: $ (0.10 )
Result: reported results

Exact text from the filing

Financial Comparison Quarterly (in millions, except percentage and per share data) (unaudited) Three Months Ended December 31, 2023 September 30, 2023 December 31, 2022 Revenue $ 165.3 $ 180.6 $ 188.8 Gross Margin 26.6 % 28.2 % 28.1 % Operating Income (Loss) $ (1.1 ) $ 9.4 $ 8.8 Net Income (Loss) $ (2.9 ) $ 5.8 $ 6.3 Net Income (Loss) Per Share - Diluted $ (0.10

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

ALPHA & OMEGA SEMICONDUCTOR Ltd filing history →

Source: SEC EDGAR

accession 0001157523-24-000174

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