Latest news with #AlphaandOmegaSemiconductorLimited
Yahoo
10-05-2025
- Business
- Yahoo
Analysts Have Been Trimming Their Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Price Target After Its Latest Report
Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) just released its latest quarterly results and things are looking bullish. Results overall were solid, with revenues arriving 4.7% better than analyst forecasts at US$165m. Higher revenues also resulted in substantially lower statutory losses which, at US$0.37 per share, were 4.7% smaller than the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, the most recent consensus for Alpha and Omega Semiconductor from three analysts is for revenues of US$707.2m in 2026. If met, it would imply a modest 3.9% increase on its revenue over the past 12 months. Per-share losses are expected to explode, reaching US$0.98 per share. Before this latest report, the consensus had been expecting revenues of US$720.9m and US$0.66 per share in losses. So it's pretty clear the analysts have mixed opinions on Alpha and Omega Semiconductor even after this update; although they reconfirmed their revenue numbers, it came at the cost of a regrettable increase in per-share losses. See our latest analysis for Alpha and Omega Semiconductor The consensus price target fell 11% to US$28.33per share, with the analysts clearly concerned by ballooning losses. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Alpha and Omega Semiconductor at US$35.00 per share, while the most bearish prices it at US$18.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Alpha and Omega Semiconductor's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 3.1% growth on an annualised basis. This is compared to a historical growth rate of 4.9% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 16% per year. Factoring in the forecast slowdown in growth, it seems obvious that Alpha and Omega Semiconductor is also expected to grow slower than other industry participants. The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Alpha and Omega Semiconductor. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business. With that in mind, we wouldn't be too quick to come to a conclusion on Alpha and Omega Semiconductor. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Alpha and Omega Semiconductor going out to 2027, and you can see them free on our platform here.. Plus, you should also learn about the 1 warning sign we've spotted with Alpha and Omega Semiconductor . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
07-05-2025
- Business
- Business Wire
Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2025 Ended March 31, 2025
SUNNYVALE, Calif.--(BUSINESS WIRE)--Alpha and Omega Semiconductor Limited ('AOS') (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2025 ended March 31, 2025. The results for the fiscal third quarter of 2025 ended March 31, 2025 were as follows: GAAP Financial Comparison Quarterly (in millions, except percentage and per share data) (unaudited) Three Months Ended March 31, 2025 December 31, 2024 March 31, 2024 Revenue $ 164.6 $ 173.2 $ 150.1 Gross Margin 21.4 % 23.1 % 23.7 % Operating Loss $ (10.7 ) $ (5.9 ) $ (10.5 ) Net Loss $ (10.8 ) $ (6.6 ) $ (11.2 ) Net Loss Per Share - Diluted $ (0.37 ) $ (0.23 ) $ (0.39 ) Expand Non-GAAP Financial Comparison Quarterly (in millions, except percentage and per share data) (unaudited) Three Months Ended March 31, 2025 December 31, 2024 March 31, 2024 Revenue $ 164.6 $ 173.2 $ 150.1 Non-GAAP Gross Margin 22.5 % 24.2 % 25.2 % Non-GAAP Operating Income (Loss) $ (2.7 ) $ 3.0 $ (1.1 ) Non-GAAP Net Income (Loss) $ (2.9 ) $ 2.7 $ (1.2 ) Non-GAAP Net Income (Loss) Per Share - Diluted $ (0.10 ) $ 0.09 $ (0.04 ) Expand The non-GAAP financial measures in the schedule above and under the section 'Financial Results for Fiscal Q3 Ended March 31, 2025' below exclude the effect of share-based compensation expense, amortization of purchased intangible, legal costs related to government investigation, equity method investment loss from equity investee, and income tax effect of non-GAAP adjustments in each of the periods presented, as well as gain on change of equity interest in the equity method investment for the three months ended March 31, 2025. A detailed reconciliation of GAAP and non-GAAP financial measures, including non-GAAP outlook, is included at the end of this press release. Financial Results for Fiscal Q3 Ended March 31, 2025 Revenue was $164.6 million, a decrease of 4.9% from the prior quarter and an increase of 9.7% from the same quarter last year. GAAP gross margin was 21.4%, down from 23.1% in the prior quarter and down from 23.7% in the same quarter last year. Non-GAAP gross margin was 22.5%, down from 24.2% in the prior quarter and down from 25.2% in the same quarter last year. GAAP operating expenses were $45.8 million, down from $45.9 million in the prior quarter and down from $46.1 million in the same quarter last year. Non-GAAP operating expenses were $39.7 million, down from $39.0 million from last quarter and down from $38.9 million in the same quarter last year. GAAP operating loss was $10.7 million, up from $5.9 million of operating loss in the prior quarter and up from $10.5 million of operating loss in the same quarter last year. Non-GAAP operating loss was $2.7 million as compared to $3.0 million of operating income for the prior quarter and $1.1 million of operating loss for the same quarter last year. GAAP net loss per diluted share was $0.37, compared to $0.23 net loss per share for the prior quarter, and $0.39 net loss per share for the same quarter a year ago. Non-GAAP net loss per share was $0.10, compared to $0.09 net income per share for the prior quarter and $0.04 net loss per share for the same quarter a year ago. Consolidated cash flows provided by operating activities was $7.4 million, as compared to $14.1 million of cash flows provided by operating activities in the prior quarter. The Company closed the quarter with $169.4 million of cash and cash equivalents. AOS Chief Executive Officer Stephen Chang commented, 'Our fiscal Q3 results were at the high-end of our guidance, supported by strength in Computing and better-than-expected demand in tablets. Despite the seasonal decline, year-over-year revenue grew nearly 10%, with Computing and Industrial segments delivering solid double-digit growth.' Mr. Chang concluded, 'Looking ahead, we remain focused on executing our strategy to become a total solutions provider, expanding market share and increasing BOM content across high-growth verticals. While macro and geopolitical uncertainties persist, our strong technology foundation, diverse product portfolio, and Tier 1 customer base position AOS well to deliver sustained growth across an expanding range of applications and end markets.' Business Outlook for Fiscal Q4 Ending June 30, 2025 The following statements are based on management's current expectations. These statements are forward-looking, and actual results may differ materially. AOS undertakes no obligation to update these statements. Our expectations for the fiscal fourth quarter of year 2025 are as follows: Revenue to be approximately $170 million, plus or minus $10 million. GAAP gross margin to be 22.9%, plus or minus 1%. We anticipate non-GAAP gross margin to be 24.0%, plus or minus 1%. GAAP operating expenses to be in the range of $47.1 million, plus or minus $1 million. Non-GAAP operating expenses are expected to be in the range of $40.2 million, plus or minus $1 million. Interest expense to be approximately equal to interest income, and Income tax expense to be in the range of $0.9 million to $1.1 million. Conference Call and Webcast AOS plans to hold an investor teleconference and live webcast to discuss the financial results for the fiscal third quarter ended March 31, 2025 today, May 7, 2025 at 2:00 p.m. PT / 5:00 p.m. ET. To listen to the live conference call, please dial +1 (833) 470-1428 or +1 (404) 975-4839 if dialing from outside the United States and Canada. The access code is 362162. A live webcast of the call will also be available in the "Events & Presentations" section of the company's investor relations website, The webcast replay will be available for seven days after the live call on the same website. In addition, a copy of the script of management's prepared remarks and a live webcast of the call will also be available in the "Events & Presentations" section of the company's investor relations website, Forward-Looking Statements This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, market trends in the semiconductor industry and growth in calendar year 2025, our ability to outperform market, seasonality of our business, our ability to sustain growth and expand our end markets, macro and geopolitical uncertainties, our projected amount of revenue, gross margin, operating income (loss), income tax expenses, net income (loss), and share-based compensation expenses, non-GAAP gross margin, non-GAAP operating expenses, income tax expenses, our ability to grow our sales and market share, and other information under the section entitled 'Business Outlook for Fiscal Q4 Ending June 30, 2025.' Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, the state of semiconductor industry and seasonality of our markets; decline of PC markets; our lack of control over the joint venture in China; difficulties and challenges in executing our diversification strategy into different market segments; ordering pattern from distributors and seasonality; changes in regulatory environment, including tariff and trade policies; our ability to introduce or develop new and enhanced products that achieve market acceptance; government policies on our business operations in China; the actual product performance in volume production; the quality and reliability of our product, our ability to achieve design wins; the general business and economic conditions; our ability to maintain factory utilization at a desirable level; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2024 filed by AOS with the SEC and other periodic reports we filed with the SEC. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and AOS undertakes no duty to update such information, except as required under applicable law. Use of Non-GAAP Financial Measures To supplement our unaudited consolidated financial statements presented on a basis consistent with U.S. GAAP, we disclose certain non-GAAP financial measures for our historical performance, including non-GAAP gross profit, gross margin, operating expenses, operating income (loss), net income (loss), diluted earnings per share ('EPS') and EBITDAS. These supplemental measures exclude, among other items, share-based compensation expenses, legal and professional fees related to government investigation, amortization of purchased intangible, gain on change of the equity interest in the JV Company, income tax effect of non-GAAP adjustments and equity method investment loss from equity investee. We also disclose certain non-GAAP financial measures in our financial guidance for the next quarter, including non-GAAP gross margin and non-GAAP operating expenses. We believe that these historical and forward-looking non-GAAP financial measures provide useful information to both management and investors by excluding certain items and expenses that are not indicative of our core operating results or do not reflect our normal business operations. In addition, our management uses non-GAAP measures to compare our performance relative to forecasts and to benchmark our performance externally against competitors. Our use of non-GAAP financial measures has certain limitations in that such non-GAAP financial measures may not be directly comparable to those reported by other companies. For example, the terms used in this press release, such as non-GAAP net income (loss) or non-GAAP operating expenses, do not have a standardized meaning. Other companies may use the same or similarly named measures, but exclude different items, which may not provide investors with a comparable view of our performance in relation to other companies. In addition, we included the amount of income tax effect of non-GAAP adjustments in the non-GAAP net income (loss) reconciliation table for all periods presented as management believes that such non-GAAP presentation provides useful information to investors, even though the amounts are not significant. We seek to compensate for the limitation of our non-GAAP presentation by providing a detailed reconciliation of the non-GAAP financial measures to the most directly comparable U.S. GAAP measures both in the text in this press release and in the tables attached hereto. Investors are encouraged to review the related U.S. GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable U.S. GAAP financial measures. About Alpha and Omega Semiconductor Alpha and Omega Semiconductor Limited, or AOS, is a designer, developer, and global supplier of a broad range of discrete power devices, wide bandgap power devices, power management ICs, and modules, including a wide portfolio of Power MOSFET, SiC, IGBT, IPM, TVS, HV Gate Drivers, Power IC, and Digital Power products. AOS has developed extensive intellectual property and technical knowledge that encompasses the latest advancements in the power semiconductor industry, which enables us to introduce innovative products to address the increasingly complex power requirements of advanced electronics. AOS differentiates itself by integrating its Discrete and IC semiconductor process technology, product design, and advanced packaging know-how to develop high-performance power management solutions. AOS' portfolio of products targets high-volume applications, including personal computers, graphics cards, datacenters, AI servers, smartphones, consumer and industrial motor controls, TVs, lightings, automotive electronics, and power supply units for various equipment. For more information, please visit The following unaudited condensed consolidated financial statements are prepared in accordance with U.S. GAAP. Alpha and Omega Semiconductor Limited Condensed Consolidated Balance Sheets (in thousands, except par value per share) (unaudited) March 31, 2025 ASSETS Current assets: Cash and cash equivalents $ 169,359 $ 175,127 Restricted cash 207 413 Accounts receivable, net 28,440 12,546 Inventories 188,126 195,750 Other current assets 13,255 14,165 Total current assets 399,387 398,001 Property, plant and equipment, net 316,243 336,619 Operating lease right-of-use assets 22,050 25,050 Intangible assets, net 1,081 3,516 Equity method investment 354,399 356,039 Deferred income tax assets 524 549 Other long-term assets 22,684 25,239 Total assets $ 1,116,368 $ 1,145,013 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 51,012 $ 45,084 Accrued liabilities 64,392 72,371 Payable related to equity investee, net 19,646 13,682 Income taxes payable 2,658 2,798 Short-term debt 11,797 11,635 Deferred revenue — 2,591 Finance lease liabilities 989 935 Operating lease liabilities 4,928 5,137 Total current liabilities 155,422 154,233 Long-term debt 17,856 26,724 Income taxes payable - long-term 3,791 3,591 Deferred income tax liabilities 25,742 26,416 Finance lease liabilities - long-term 1,533 2,282 Operating lease liabilities - long-term 17,680 20,499 Other long-term liabilities 8,053 19,661 Total liabilities 230,077 253,406 Shareholders' Equity: Preferred shares, par value $0.002 per share: Authorized: 10,000 shares; issued and outstanding: none at March 31, 2025 and June 30, 2024 — — Common shares, par value $0.002 per share: Authorized: 100,000 shares; issued and outstanding:36,869 shares and 29,750 shares, respectively at March 31, 2025 and 36,107 shares and 28,969 shares, respectively at June 30, 2024 74 72 Treasury shares at cost: 7,119 shares at March 31, 2025 and 7,138 shares at June 30, 2024 (79,064 ) (79,213 ) Additional paid-in capital 368,252 353,109 Accumulated other comprehensive loss (13,963 ) (13,419 ) Retained earnings 610,992 631,058 Total shareholders' equity 886,291 891,607 Total liabilities and shareholders' equity $ 1,116,368 $ 1,145,013 Expand Alpha and Omega Semiconductor Limited Selected Cash Flow Information (in thousands, unaudited) Nine Months Ended March 31, 2025 2024 Net cash provided by operating activities $ 32,494 $ 18,591 Net cash used in investing activities (22,167 ) (28,593 ) Net cash used in financing activities (16,266 ) (10,923 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash (35 ) (83 ) Net decrease in cash, cash equivalents and restricted cash (5,974 ) (21,008 ) Cash, cash equivalents and restricted cash at beginning of period 175,540 195,603 Cash, cash equivalents and restricted cash at end of period $ 169,566 $ 174,595 Expand Alpha and Omega Semiconductor Limited (in thousands, except percentages and per share data) (unaudited) Three Months Ended Nine Months Ended GAAP gross profit $ 35,177 $ 40,011 $ 35,555 $ 119,714 $ 130,481 Share-based compensation 1,047 1,123 1,424 3,185 3,140 Amortization of purchased intangible 812 811 812 2,435 2,435 Non-GAAP gross profit $ 37,036 $ 41,945 $ 37,791 $ 125,334 $ 136,056 Non-GAAP gross margin as a % of revenue 22.5 % 24.2 % 25.2 % 24.1 % 27.4 % GAAP operating expense $ 45,835 $ 45,919 $ 46,059 $ 136,532 $ 132,738 Share-based compensation 6,089 6,827 7,041 18,803 14,934 Legal costs related to government investigation 54 114 103 515 172 Non-GAAP operating expense $ 39,692 $ 38,978 $ 38,915 $ 117,214 $ 117,632 GAAP operating loss $ (10,658 ) $ (5,908 ) $ (10,504 ) $ (16,818 ) $ (2,257 ) Share-based compensation 7,136 7,950 8,465 21,988 18,074 Amortization of purchased intangible 812 811 812 2,435 2,435 Legal costs related to government investigation 54 114 103 515 172 Non-GAAP operating income (loss) $ (2,656 ) $ 2,967 $ (1,124 ) $ 8,120 $ 18,424 Non-GAAP operating margin as a % of revenue (1.6 )% 1.7 % (0.7 )% 1.6 % 3.7 % GAAP net loss $ (10,807 ) $ (6,614 ) $ (11,212 ) $ (19,917 ) $ (8,349 ) Share-based compensation 7,136 7,950 8,465 21,988 18,074 Amortization of purchased intangible 812 811 812 2,435 2,435 Gain on change of equity interest in equity method investment (505 ) — — (505 ) — Equity method investment loss from equity investee 260 561 676 1,828 4,085 Legal costs related to government investigation 54 114 103 515 172 Income tax effect of non-GAAP adjustments 148 (83 ) (47 ) (86 ) (549 ) Non-GAAP net income (loss) $ (2,902 ) $ 2,739 $ (1,203 ) $ 6,258 $ 15,868 Non-GAAP net margin as a % of revenue (1.8 )% 1.6 % (0.8 )% 1.2 % 3.2 % GAAP net loss $ (10,807 ) $ (6,614 ) $ (11,212 ) $ (19,917 ) $ (8,349 ) Share-based compensation 7,136 7,950 8,465 21,988 18,074 Amortization and depreciation 18,259 14,128 13,325 46,949 39,849 Equity method investment loss from equity investee 260 561 676 1,828 4,085 Interest income (927 ) (1,135 ) (1,230 ) (3,327 ) (3,873 ) Interest expenses 596 701 959 2,109 3,099 Income tax expense 660 1,242 611 2,942 2,643 EBITDAS $ 15,177 $ 16,833 $ 11,594 $ 52,572 $ 55,528 GAAP diluted net loss per share $ (0.37 ) $ (0.21 ) $ (0.39 ) $ (0.64 ) $ (0.28 ) Share-based compensation 0.24 0.25 0.30 0.70 0.60 Amortization of purchased intangible 0.03 0.03 0.03 0.08 0.08 Gain on change of the equity interest in equity method investment (0.02 ) — — (0.02 ) — Equity method investment loss from equity investee 0.01 0.02 0.02 0.06 0.14 Legal costs related to government investigation 0.00 0.00 0.00 0.02 0.01 Income tax effect of non-GAAP adjustments 0.01 (0.00 ) (0.00 ) (0.00 ) (0.02 ) Non-GAAP diluted net income (loss) per share $ (0.10 ) $ 0.09 $ (0.04 ) $ 0.20 $ 0.53 Weighted average number of common shares used to compute GAAP diluted net loss per share 29,530 29,163 28,433 29,232 28,022 29,530 31,411 28,433 31,316 29,915 Expand Alpha and Omega Semiconductor Limited Reconciliation of GAAP to Non-GAAP Outlook For Fiscal Q4 Ending June 30, 2025 (in millions, except percentages) GAAP gross margin 22.9 % Estimated impact of share-based compensation expense and amortization of purchased intangible 1.1 % Non-GAAP gross margin 24.0 % GAAP operating expenses $ 47.1 Estimated stock-based compensation expense and legal costs related to government investigation (6.9 ) Non-GAAP operating expenses $ 40.2 Expand
Yahoo
30-03-2025
- Business
- Yahoo
Alpha and Omega Semiconductor (NASDAQ:AOSL) shareholders have earned a 32% CAGR over the last five years
It hasn't been the best quarter for Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) shareholders, since the share price has fallen 29% in that time. But that scarcely detracts from the really solid long term returns generated by the company over five years. In fact, the share price is 299% higher today. To some, the recent pullback wouldn't be surprising after such a fast rise. Only time will tell if there is still too much optimism currently reflected in the share price. Unfortunately not all shareholders will have held it for five years, so spare a thought for those caught in the 51% decline over the last three years: that's a long time to wait for profits. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Because Alpha and Omega Semiconductor made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally hope to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. In the last 5 years Alpha and Omega Semiconductor saw its revenue grow at 6.3% per year. That's a fairly respectable growth rate. We'd argue this growth has been reflected in the share price which has climbed at a rate of 32% per year over in that time. Given that the business has made good progress on the top line, it would be worth taking a look at the growth trend. Accelerating growth can be a sign of an inflection point - and could indicate profits lie ahead. Worth watching 100% You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). This free interactive report on Alpha and Omega Semiconductor's balance sheet strength is a great place to start, if you want to investigate the stock further. It's good to see that Alpha and Omega Semiconductor has rewarded shareholders with a total shareholder return of 18% in the last twelve months. Having said that, the five-year TSR of 32% a year, is even better. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. Before spending more time on Alpha and Omega Semiconductor it might be wise to click here to see if insiders have been buying or selling shares. We will like Alpha and Omega Semiconductor better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
