Loading...
•
Jun 30, 2024
AOS Q4 2024 Earnings Report
AOS's Q4 2024 financial performance was reported, revealing flat revenue year-over-year and a GAAP operating loss, but driven by growth in gaming, tablets, e-mobility, A.I., and home appliances segments.
Key Takeaways
Alpha and Omega Semiconductor (AOS) reported its Q4 fiscal year 2024 financial results, showing flat revenue compared to the same quarter last year. The company experienced a GAAP operating loss of $1.5 million, while non-GAAP operating income was $3.2 million. The company saw relative strength coming from gaming, tablets, e-mobility, A.I., and home appliances.
Revenue was $161.3 million, flat year-over-year and up 7.5% quarter-over-quarter.
GAAP gross margin was 25.7%, down from 27.6% year-over-year and up from 23.7% in the prior quarter.
Non-GAAP earnings per share was $0.09, compared to a $0.04 net loss per share for the prior quarter and $0.19 net earnings per share for the same quarter last year.
The company closed the quarter with $175.1 million in cash and cash equivalents.
Forward Guidance
For the fiscal first quarter ending September 30, 2024, AOS expects revenue to be $180 million plus or minus $10 million and gross margin to be 25.0% plus or minus 1%.
Positive Outlook
- Revenue is expected to be $180 million plus or minus $10 million.
- Gross margin is expected to be 25.0% plus or minus 1%. Non-GAAP gross margin is expected to be 26.4% plus or minus 1%.
- Non-GAAP operating expenses are expected to be in the range of $40.0 million plus or minus $1 million.
Challenges Ahead
- GAAP operating expenses are expected to be in the range of $47.0 million, plus or minus $1 million.
- Tax expense is expected to be in the range of $0.9 million to $1.1 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...