Reported Q: Q3 2024 Rev YoY: +13.2% EPS YoY: +38.1% Move: -1.80%
Alpha and Omega
AOSL
$20.98 -1.80%
Exchange NASDAQ Sector Technology Industry Semiconductors
Q3 2024
Published: May 8, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for AOSL

Reported

Report Date

May 8, 2024

Quarter Q3 2024

Revenue

150.06M

YoY: +13.2%

EPS

-0.39

YoY: +38.1%

Market Move

-1.80%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $150.06M up 13.2% year-over-year
  • EPS of $-0.39 increased by 38.1% from previous year
  • Gross margin of 23.7%
  • Net income of -11.21M
  • "We delivered fiscal Q3 results in line with our guidance for revenue and gross margin. Revenue was $150.1 million. Non-GAAP gross margin was 25.2%. Non-GAAP EPS was slightly better than expectation at a loss per share of $0.04." - Stephen Chang
AOSL
Alpha and Omega Semiconductor Limited

Executive Summary

Alpha and Omega Semiconductor Limited (AOSL) reported fiscal Q3 2024 revenue of $150.1 million, up 13.2% year over year but down 9.2% quarter over quarter, with non-GAAP gross margin at 25.2% and non-GAAP EPS of -$0.04. GAAP results show an operating loss of $10.5 million and a net loss of $11.2 million, reflecting seasonality and ongoing end-market inventory corrections. Management framed the quarter as in line with guidance, citing that inventory corrections across most end-markets are nearing completion and that a rebound in key segments (gaming, tablets, graphics cards, and AI) is imminent in the June quarter. The company reiterated a strategic transition from a component supplier to a comprehensive solutions provider, unlocking higher BOM content and expanding into adjacent markets such as AI accelerators and data-center compute. The June quarter guidance implies a modest recovery to approximately $160 million in revenue with non-GAAP gross margins around 26.3% and improving operating leverage, underscoring a constructive, albeit cautious, near-term trajectory.

Key Performance Indicators

Revenue
Increasing
150.06M
QoQ: -9.21% | YoY: 13.20%
Gross Profit
Increasing
35.56M
23.69% margin
QoQ: -19.20% | YoY: 15.49%
Operating Income
Increasing
-10.50M
QoQ: -826.28% | YoY: 29.53%
Net Income
Increasing
-11.21M
QoQ: -283.58% | YoY: 35.66%
EPS
Increasing
-0.39
QoQ: -290.00% | YoY: 38.10%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 164.64 -0.37 +9.7% View
Q2 2025 173.16 -0.23 +4.8% View
Q1 2025 181.89 -0.09 +0.7% View
Q4 2024 161.30 -0.09 -0.1% View
Q3 2024 150.06 -0.39 +13.2% View