Alpha and Omega Semiconductor Limited · Q1 2025 earnings

Briefing

Reported financial results for the fiscal first quarter of 2025 ended September 30, 2024.

Alpha and Omega Semiconductor's fiscal Q1 2025 results were in line with revenue and EPS guidance, driven by sequential growth in major segments. Revenue increased by 12.8% from the prior quarter and 0.7% from the same quarter last year, reaching $181.9 million. The company reported a GAAP gross margin of 24.5% and a GAAP operating loss of $0.3 million, while non-GAAP operating income was $7.8 million.

• Revenue was $181.9 million, up 12.8% sequentially and 0.7% year-over-year.
• GAAP gross margin was 24.5%, down from both the previous quarter and the same quarter last year.
• GAAP operating loss was $0.3 million, an improvement from the prior quarter but down from the same quarter last year.
• Non-GAAP net income per share was $0.21, compared to $0.09 in the prior quarter and $0.33 in the same quarter a year ago.

Headline financials

Revenue & EPS history

For the fiscal second quarter ending December 31, 2024, AOS anticipates revenue to be approximately $170 million, plus or minus $10 million, and GAAP gross margin to be 24%, plus or minus 1%.