SUNNYVALE, Calif.--(BUSINESS WIRE)--Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal second quarter of 2024 ended December 31, 2023. The results for the fiscal second quarter of 2024 ended December 31, 2023 were as follows: GAAP Financial Comparison Quarterly (in millions, except percentage and per share data) (unaudited)     Three Months Ended     December 31, 2023   September 30, 2023   Decem ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--As previously disclosed by Alpha and Omega Semiconductor Limited (the “Company”), since late 2019, the Company has been cooperating with the U.S. Department of Justice (“DOJ”) in connection with its criminal investigation into the Company’s compliance with export control regulations relating to certain business transactions with Huawei and its affiliates. On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges. The Company i ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares AOSL The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Q1 2024 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Yujia Zhai - The Blueshirt Group, Investor Relations Stephen Chang - Chief Executive Officer Yifan Liang - Chief Financial Officer Conference Call Participants Jeremy Kwan - Stifel David Williams - Benchmark Craig Ellis - B. Riley Securities Operator Good afternoon. Thank you for attending today's Alpha and Omega Semiconductor Fiscal Q1 2024 Earnings Call. My name is Cole and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-K _________________________________ (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-34717 __________________________ Alpha and Omega Semiconductor Limite ...

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Q4 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Yujia Zhai - The Blueshirt Group, Investor Relations Stephen Chang - Chief Executive Officer Yifan Liang - Chief Financial Officer Conference Call Participants David Williams - Benchmark Craig Ellis - B. Riley Securities Kyle Smith - Stifel Nicolaus Yujia Zhai Good afternoon, everyone, and welcome to Alpha and Omega Semiconductor's Conference Call to discuss Fiscal 2023 Fourth ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares AOSL The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...

Financial Data and Key Metrics Changes - Revenue for Q3 2023 was $132.6 million, down 29.8% sequentially and 34.8% year-over-year, reflecting the industry-wide inventory correction [5][16] - Non-GAAP gross margin was 25.1%, compared to 29.5% in the prior quarter and 36.7% a year ago [17] - Non-GAAP EPS was negative $0.21, compared to $0.67 last quarter and $1.34 a year ago [18] Business Line Data and Key Metrics Changes - Computing segment revenue decreased 57.7% year-over-year and 40.4% sequentially, representing 28.7% of total revenue [11] - Consumer segment revenue was slightly up year-over-year but down 5.5% sequentially, driven by strong gaming volumes [12] - Communications segment revenue declined 33.7% year-over-year and 45.4% sequentially, making up 14.5% of total revenue [13] - Power Supply and Industrial segment revenue decreased 29.6% year-over-year and 35.7% sequentially, accounting for 20% of total revenue [14] Market Data and Key Metrics Changes - End consumer demand remains weak, but there are signs of recovery in certain applications as inventory levels deplete [5][15] - The company anticipates a rebound in the second half of the year, particularly during the fall launches and holiday sales [13][15] Company Strategy and Development Direction - The company aims to grow beyond a near-term $1 billion revenue target, focusing on electrification trends and expanding into new markets such as automotive and energy generation [6][8] - Plans include deeper penetration into existing core markets and leveraging technology IP for integrated solutions [8][9] - Supply chain optimization is a priority, with exploration of additional foundry partnerships to enhance production capabilities [9] Management's Comments on Operating Environment and Future Outlook - Management believes the worst of the inventory correction is behind them, with expectations for revenue recovery in the upcoming quarters [5][15] - The company is optimistic about future demand driven by trends in electric vehicles, clean energy, and advancements in AI [7][15] Other Important Information - The company entered into a licensing and engineering service agreement worth $45 million related to Silicon Carbide technology, which will be recognized over 24 months [16][17] - Operating cash flow was $11.6 million, significantly improved from the prior quarter [18] Q&A Session Summary Question: Thoughts on gross margin recovery - Management targets a return to mid-30% gross margin but acknowledges current competitive pressures [24][25] Question: Strategy for the IC business - The company is broadening its product portfolio in ICs to address higher margin content and increase BOM [28][29] Question: Details on the Silicon Carbide licensing agreement - The agreement is expected to help enter new markets like automotive and industrial power supplies [30][31] Question: Revenue impact from the Silicon Carbide deal - $3.6 million was recognized in Q3, with expectations for $5 million to $6 million in Q4 [34][35] Question: Inventory levels and demand recovery - Most current improvements are due to inventory correction rather than underlying demand [48][49] Question: Update on manufacturing and CapEx outlook - CapEx is expected to range from $15 million to $20 million for the June quarter, with ongoing discussions regarding the CHIPS Act [62]

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares AOSL The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Q2 2023 Earnings Conference Call February 6, 2023 5:00 PM ET Company Participants Yujia Zhai - Investor Relations, The Blueshirt Group Mike Chang - Chief Executive Officer Stephen Chang - President Yifan Liang - Chief Financial Officer and Corporate Secretary Conference Call Participants David Williams - Benchmark Craig Ellis - B. Riley Securities Jeremy Kwan - Stifel Operator Good afternoon. Thank you for attending today's Alpha and Omega Semiconductor F ...