Alpha & Omega Semiconductor (AOSL) Tops Q3 EPS by 10c, provides outlook

Alpha & Omega Semiconductor (NASDAQ: AOSL) reported Q3 EPS of ($0.04), $0.10 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $150.1 million versus the consensus estimate of $150.13 million.

GUIDANCE:

Alpha & Omega Semiconductor sees Q4 2024 revenue of $160 million, versus the consensus of $158.5 million.
GAAP gross margin to be 24.7%, plus or minus 1%. We anticipate non-GAAP gross margin to be 26.3%, plus or minus 1%.
GAAP operating expenses to be in the range of $47.9 million, plus or minus $1 million. Non-GAAP operating expenses are expected to be in the range of $39.5 million, plus or minus $1 million.
Net interest expense to be approximately $0.5 million, and
Income tax expense to be approximately $0.9 million.

For earnings history and earnings-related data on Alpha & Omega Semiconductor (AOSL) click here.

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