ALPHA AND OMEGA SEMICONDUCTOR Reports Earnings for FY2023 Q4 on August 9 2023
August 22, 2023
🌥️Earnings Overview
On August 9, 2023, ALPHA AND OMEGA SEMICONDUCTOR ($NASDAQ:AOSL) reported their earnings for the quarter ending June 30, 2023. The company’s total revenue for the quarter was USD 161.5 million, a decrease of 16.7% compared to the same quarter in the previous year. Net income for the quarter was USD -1.1 million, compared to a net income of USD 15.1 million in the same period of the prior year.
Stock Price
Much to the surprise of investors, the stock opened at $33.3 and closed at $31.8, representing a 5.2% decrease from its last closing price of $33.6. This disappointing news sent shockwaves throughout the stock market and cast a shadow of uncertainty on ALPHA AND OMEGA SEMICONDUCTOR’s future financial success. The company’s financial analysts pointed to the weakened economy and the increased cost of production as the primary reasons for the lower stock prices. Despite their best efforts, ALPHA AND OMEGA SEMICONDUCTOR’s earning report fell short of expectations and caused investors to lose money in the process.
This also raised questions about the company’s ability to weather the economic storm and achieve its financial goals in the future. In the wake of these underwhelming results, shareholders are left wondering if ALPHA AND OMEGA SEMICONDUCTOR’s performance will improve or if they should seek out other investment opportunities. While the future remains uncertain, one thing is for sure; this earning report has put ALPHA AND OMEGA SEMICONDUCTOR and its investors in a precarious financial position going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AOSL. More…
| Total Revenues | Net Income | Net Margin |
| 691.32 | 12.36 | 1.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AOSL. More…
| Operations | Investing | Financing |
| 20.47 | -109.63 | -29.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AOSL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.2k | 315.82 | 31.96 |
Key Ratios Snapshot
Some of the financial key ratios for AOSL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.1% | 96.7% | 3.3% |
| FCF Margin | ROE | ROA |
| 3.0% | 1.6% | 1.2% |
Analysis
GoodWhale has conducted an analysis of ALPHA AND OMEGA SEMICONDUCTOR’s wellbeing. Based on our Star Chart, ALPHA AND OMEGA SEMICONDUCTOR is strong in asset, growth, and profitability, but weak in dividend. We have classified this company as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Considering its cashflows and debt, ALPHA AND OMEGA SEMICONDUCTOR has a high health score of 8/10. This indicates that the company is capable of paying off debt and funding future operations. Therefore, investors who are looking for steady returns or moderate growth may find ALPHA AND OMEGA SEMICONDUCTOR to be an attractive investment option. More…
Peers
The company is based in the United States and was founded in 1995. The company has a wide range of products that it offers to its customers. The company has a strong customer base and a large market share. The company has a strong competition with Power Integrations Inc, O2Micro International Ltd, Novatek Microelectronics Corp.
– Power Integrations Inc ($NASDAQ:POWI)
Power Integrations Inc is a company that designs, manufactures and markets analog and mixed-signal integrated circuits (ICs) used in electronic devices. The company has a market cap of 3.55B as of 2022 and a return on equity of 16.42%. Power Integrations Inc’s products are used in a variety of electronic devices, including mobile phones, computers, gaming consoles and TVs. The company’s products are also used in a variety of industrial, medical and automotive applications.
– O2Micro International Ltd ($NASDAQ:OIIM)
O2Micro International Ltd is a fabless semiconductor company that designs, develops, and markets integrated circuits and solutions for power management and lighting applications. The company has a market capitalization of $122.58 million and a return on equity of 4.85%. O2Micro International Ltd’s products are used in a variety of electronic devices, including mobile phones, notebooks, televisions, digital cameras, and MP3 players.
– Novatek Microelectronics Corp ($TWSE:3034)
Novatek Microelectronics Corp is a leading provider of semiconductor solutions. The company’s products are used in a wide range of applications, including mobile devices, computers, networking, and industrial. Novatek has a strong market presence in Asia, particularly in China, where it is one of the leading suppliers of semiconductor solutions. The company’s products are also used in a variety of other markets, including automotive, aerospace, and defense. Novatek has a diversified customer base, including many of the world’s leading original equipment manufacturers. The company’s products are manufactured at its state-of-the-art facilities in Asia and the Americas.
Summary
Alpha and Omega Semiconductor reported a decrease in revenue of 16.7% for their fourth quarter of FY2023, resulting in a net loss of $1.1 million. This is a major decline from their prior year’s quarter, which reported a net income of $15.1 million. Investors responded to this news by selling off shares, leading to a decrease in stock price.
It is unclear whether this performance is an anomaly or if there are underlying problems with the company’s finances and operations. Going forward, investors should carefully evaluate the company’s financial health and outlook before investing.
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