Alpha And Omega Stock Price, News & Analysis

Alpha and Omega Semiconductor Limited (AOSL) reported Q2 2023 financial results, revealing a revenue drop to $188.8 million, down 9.5% from Q1 2023 and 2.4% from Q2 2022. GAAP gross margin fell to 28.1%, while operating income decreased to $8.8 million. Net income attributable to AOS was $6.3 million, translating to $0.21 per diluted share. AOSL's cash flow from operations significantly declined to $0.3 million. CEO Dr. Mike Chang noted challenges due to industry-wide inventory corrections and decreased customer demand but expressed confidence in long-term fundamentals and growth prospects, aiming for a recovery in Q2 2023 and a $1 billion annual revenue target.

Alpha and Omega Semiconductor Limited (AOSL) will release its financial results for the fiscal 2023 second quarter, ending December 31, 2022, on February 6, 2023, after market close. Following the release, a public conference call is scheduled for 2:00 PM PT / 5:00 PM ET to discuss the results and other business matters. Investors can join the call by dialing +1 (844) 200-6205 (US) or +1 (929) 526-1599 (international). Access to the live webcast will be available on the company's investor relations website.

Alpha and Omega Semiconductor Limited (AOSL) will participate in the 25th Annual Needham Growth Conference on January 11, 2023, at the Lotte New York Palace Hotel in New York, NY. Company management will also be available for one-on-one meetings with institutional investors. Interested portfolio managers and analysts should contact their Needham institutional sales representatives to request meetings. AOSL specializes in a broad range of power semiconductors, providing innovative power management solutions for various high-volume applications.

AOSL announces a leadership change effective March 1, 2023, with Dr. Mike Chang transitioning to Executive Chairman and Mr. Stephen Chang becoming CEO. Dr. Chang, a founder with over 22 years of leadership, will focus on strategic relationships and technology development as Executive Chairman. Mr. Stephen Chang, previously President, will oversee all business operations and maintain strategies that have driven recent success, including the goal to exceed $1 billion in annual revenues. The Board supports this transition, citing Mr. Chang's proven track record.

Alpha and Omega Semiconductor Limited (AOSL) has announced its participation in two investor conferences: the 6th Annual Wells Fargo TMT Summit on December 1, 2022, in Las Vegas, and the 11th Annual NYC Summit on December 13, 2022. AOSL management will be available for one-on-one meetings with institutional investors at both events. The NYC Summit will feature small group meetings with multiple management teams, allowing investors to engage directly with company leadership. AOSL specializes in power semiconductors, targeting various high-volume applications.

Alpha and Omega Semiconductor Limited (AOSL) has unveiled its new 650V and 750V SiC MOSFET platform tailored for industrial and automotive applications. The 650V variants target industrial uses, while the 750V line is AEC-Q101 qualified for electric vehicle systems. Key features include an ultra-low R_DS(ON) of 15mΩ and a more than 40% increase in short circuit withstand time, enhancing ruggedness for EV inverters. These products will be available for orders in Q4/2022, expanding AOSL's portfolio aimed at improved performance and efficiency across various power levels.

Alpha and Omega Semiconductor Limited (AOSL) reported impressive fiscal Q1 2023 results, with revenue of $208.5 million, marking a 7.5% increase from the previous quarter and an 11.5% increase year-over-year. GAAP net income per share rose to $0.88, while non-GAAP net income per share increased to $1.20. Despite anticipating impacts from an industry inventory correction in PCs and smartphones, AOSL expects year-over-year revenue growth in these segments due to market share gains and premium product demand. The company is optimistic about navigating economic challenges and aims for one billion dollars in annual revenue.

Alpha and Omega Semiconductor Limited (AOSL) is set to showcase its new 650V and 750V SiC MOSFET platform, aimed at industrial and automotive applications, at electronica 2022 in Germany from November 15-18, 2022. The company will highlight its advanced power semiconductor products, including high voltage Super Junction MOSFETs and Hot Swap MOSFETs, designed for various applications such as EV chargers and telecom servers. AOSL emphasizes the robust performance metrics of its products, including AEC-Q100 automotive qualification for SiC MOSFETs.

Alpha and Omega Semiconductor introduces the AOZ9530QV Smart Motor Module (SMM), designed for efficiency in BLDC motor applications. This compact 3mm x 3mm package features adjustable gate drive current control, enhancing EMI reduction and efficiency. The module supports input voltages up to 28V and output currents of 7A, with built-in protections for safe operation. Priced at $1.00 USD per unit in 1,000-piece quantities, the AOZ9530QV is available for immediate production. This innovation allows for space-saving designs in fan applications, aligning with industry trends.