Alpha and Omega Semiconductor Ltd expected to post a loss of 14 cents a share - Earnings Preview

Reuters05-04

* Alpha and Omega Semiconductor Ltd is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2024

* The Sunnyvale California-based company is expected to report a 13.1% increase in revenue to $150 million from $132.6 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on February 6 2024, for the period ended March 31, was for revenue between $140.00 million and $160.00 million.

* ​LSEG's mean analyst estimate for Alpha and Omega Semiconductor Ltd is for a loss of 14 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Alpha and Omega Semiconductor Ltd is $28.00​, above​ its last closing price of $22.36. ​​​

The company's guidance on February 6 2024 for the period ended March 31 was for Capital Expenditures between USD8 million and USD12 million.The company's guidance on February 6 2024 for the period ended March 31 was for gross profit margin between USD24% and USD26%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.15 0.15 0.24 Beat 60

Sep. 30 2023 0.32 0.32 0.33 Beat 4.2

Jun. 30 2023 0.03 0.02 0.19 Beat 714.4​

Mar. 31 2023 -0.19 -0.19 -0.21 Missed -8.6

​​Dec. 0.91 0.88 0.67 Missed -24.2

31 2022

Sep. 30 2022 1.21 1.21 1.20 Missed -0.4​

Jan. 1 0001 0.86 0.86 0.95 Beat 10.6

Mar. 31 2022 1.18 1.18 1.34 Beat 13.7

This summary was machine generated May 4 at 00:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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