Alpha and Omega Semiconductor Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year Ended June 30, 2019

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Go back to Alpha and Omega Semiconductor Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year Ended June 30, 2019

Alpha & Omega (AOSL) Tops Q4 EPS by 16c; Offers Q1 Revenue Outlook

August 7, 2019 4:09 PM EDT

Alpha & Omega (NASDAQ: AOSL) reported Q4 EPS of $0.35, $0.16 better than the analyst estimate of $0.19. Revenue for the quarter came in at $111.9 million versus the consensus estimate of $112.1 million.

Financial Results for fiscal Q4 Ended June 30, 2019

Revenue was $111.9 million, an increase of 2.6% quarter-over-quarter and an increase of 1.8% from the same quarter last year. The quarter-over-quarter increase was mainly due to increased sales in smart phone related applications.
GAAP gross margin was 24.7%. Non-GAAP gross margin was 27.4%, an increase of 40 basis points quarter-over-quarter and from the same quarter last year. The quarter-over-quarter increase... More