Alpha and Omega Semiconductor reported Q4 revenue of $161.5 million, above the midpoint of guidance, with a non-GAAP EPS of $0.19. The company saw solid recovery in notebook and desktop computing applications and strength in Power Supply and Industrial end markets.
Q4 revenue was above the mid-point of guidance.
Non-GAAP gross margin was 28.5%.
Non-GAAP EPS was $0.19.
Optimistic that the worst phase of this cycle is behind us.
For the fiscal first quarter ending September 30, 2023, AOS expects revenue to be $180 million plus or minus $10 million and non-GAAP gross margin to be 28.5% plus or minus 1%.
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