Business
Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Third Quarter of 2023 Ended March 31, 2023
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third

About this update from Alpha And Omega Semiconductor Limited
[{"type":"text","content":" SUNNYVALE, Calif.--(BUSINESS WIRE)--\nAlpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2023 ended March 31, 2023.\n\n\nThe results for the fiscal third quarter of 2023 ended March 31, 2023 were as follows:\n\n\n\n\nGAAP Financial Comparison\n\n\n\n\n\n\n\n\nQuarterly\n\n\n\n\n\n\n\n\n(in millions, except percentage and per share data)\n\n\n\n\n\n\n\n\n(unaudited)\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nMarch 31,\n2023\n\n\n\n\n\n\n\nDecember 31,\n2022\n\n\n\n\n\n\n\nMarch 31,\n2022\n\n\n\n\n\n\n\n\nRevenue\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n132.6\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n188.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n203.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nGross Margin\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n23.2\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n28.1\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n35.6\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nOperating Income (Loss)\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n(14.4\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n8.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n31.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Income (Loss)\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n(18.9\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n6.3\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n31.7\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Income (Loss) Per Share - Diluted\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n(0.68\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.21\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.11\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\nNon-GAAP Financial Comparison\n\n\n\n\n\n\n\n\nQuarterly\n\n\n\n\n\n\n\n\n(in millions, except percentage and per share data)\n\n\n\n\n\n\n\n\n(unaudited)\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nMarch 31,\n2023\n\n\n\n\n\n\n\nDecember 31,\n2022\n\n\n\n\n\n\n\nMarch 31,\n2022\n\n\n\n\n\n\n\n\nRevenue\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n132.6\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n188.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n203.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNon-GAAP Gross Margin\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n25.1\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n29.5\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n36.7\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nNon-GAAP Operating Inc...