Alpha and Omega Semiconductor (NASDAQ:AOSL) Third Quarter 2023 Results
Key Financial Results
Revenue: US$132.6m (down 35% from 3Q 2022).
Net loss: US$18.9m (down by 160% from US$31.7m profit in 3Q 2022).
US$0.68 loss per share (down from US$1.18 profit in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alpha and Omega Semiconductor Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 8.8%.
Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in the US.
The company's share price is broadly unchanged from a week ago.
You still need to take note of risks, for example - Alpha and Omega Semiconductor has 3 warning signs (and 1 which shouldn't be ignored) we think you should know about.
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