Loading...
•
Dec 31, 2020
AOS Q2 2021 Earnings Report
AOS's revenue increased, achieving record non-GAAP gross margin and EPS
Key Takeaways
Alpha and Omega Semiconductor Limited reported financial results for the fiscal second quarter of 2021 ended December 31, 2020. Revenue was $158.8 million, an increase of 4.8% from the prior quarter and an increase of 34.8% from the same quarter last year. GAAP net income per share attributable to AOS was $0.47, compared to $0.36 for the prior quarter and $0.04 net loss per share for the same quarter a year ago. Non-GAAP net income per share attributable to AOS was $0.65 compared to $0.55 for the prior quarter.
Revenue increased by 34.8% year-over-year.
GAAP gross margin was 30.7%, up from 28.1% in the prior quarter and up from 20.7% in the same quarter last year.
Non-GAAP gross margin was 31.4%, up from 29.0% in the prior quarter and up from 28.3% in the same quarter last year.
The Company closed the quarter with $181.0 million of cash and cash equivalents.
Forward Guidance
Revenue is expected to be approximately $157 million, plus or minus $3 million. GAAP gross margin is expected to be approximately 28.7% plus or minus 1%. Non-GAAP gross margin is expected to be approximately 29.5% plus or minus 1%. Income tax expense is expected to be approximately $0.7 million to $1.0 million. Loss attributable to noncontrolling interest is expected to be approximately $0.2 million.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...