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Mar 31, 2021
AOS Q3 2021 Earnings Report
Revenue increased by 6.5% from the prior quarter and 58.4% from the same quarter last year.
Key Takeaways
Alpha and Omega Semiconductor Limited reported financial results for the fiscal third quarter of 2021 ended March 31, 2021. Revenue was $169.2 million, an increase of 6.5% from the prior quarter and an increase of 58.4% from the same quarter last year. Non-GAAP net income per share attributable to AOS was $0.77 compared to $0.65 for the prior quarter and $0.11 for the same quarter a year ago.
Business momentum continued in the March quarter.
Saw robust shipments across most of our product categories
Grew revenue by 58% year-over-year
Non-GAAP gross margin of 31.9% and non-GAAP EPS of $0.77, which increased by seven times year-over-year
Forward Guidance
Revenue is expected to be approximately $170 million, plus or minus $3 million. GAAP gross margin is expected to be approximately 31.7% plus or minus 1%. Non-GAAP gross margin is expected to be approximately 32.5% plus or minus 1%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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