Alpha and Omega Semiconductor (AOSL) to Release Quarterly Earnings on Tuesday

Alpha and Omega Semiconductor (NASDAQ:AOSL) is scheduled to be announcing its earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Alpha and Omega Semiconductor has set its Q3 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.04. The firm had revenue of $165.29 million for the quarter, compared to analyst estimates of $165.00 million. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. On average, analysts expect Alpha and Omega Semiconductor to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Alpha and Omega Semiconductor Stock Performance

AOSL stock opened at $22.36 on Monday. The firm has a 50 day moving average of $21.95 and a two-hundred day moving average of $23.54. Alpha and Omega Semiconductor has a 12 month low of $19.38 and a 12 month high of $35.40. The company has a market capitalization of $632.34 million, a price-to-earnings ratio of -35.49 and a beta of 2.36. The company has a quick ratio of 1.33, a current ratio of 2.52 and a debt-to-equity ratio of 0.04.

Wall Street Analyst Weigh In

AOSL has been the subject of a number of recent research reports. Stifel Nicolaus decreased their price objective on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a report on Thursday, April 18th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th.

Insider Activity at Alpha and Omega Semiconductor

In related news, CFO Yifan Liang sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $23.31, for a total value of $466,200.00. Following the transaction, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Yifan Liang sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $23.31, for a total value of $466,200.00. Following the transaction, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Bing Xue sold 14,292 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $22.77, for a total value of $325,428.84. Following the completion of the transaction, the executive vice president now directly owns 131,291 shares in the company, valued at $2,989,496.07. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,649 shares of company stock valued at $920,392. Corporate insiders own 17.90% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.