Alpha and Omega Semiconductor Ltd reports results for the quarter ended September 30 - Earnings Summary

• Alpha and Omega Semiconductor Ltd AOSL.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of three analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 10 cents per share.

• Revenue rose 0.3% to $182.50 million from a year ago; analysts expected $183.20 million.

• Alpha and Omega Semiconductor Ltd's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $2.12 million.

• Alpha and Omega Semiconductor Ltd shares had fallen by 5.9% this quarter and lost 29.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for Alpha and Omega Semiconductor Ltd is $32.00, about 17.8% above its last closing price of $26.30

This summary was machine generated from LSEG data November 5 at 10:02 p.m. UTC. ​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)