Alpha and Omega Semiconductor (AOSL) Issues Quarterly Earnings Results

Alpha and Omega Semiconductor (NASDAQ:AOSL) posted its quarterly earnings results on Wednesday. The semiconductor company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.15 by $0.15, Bloomberg Earnings reports. Alpha and Omega Semiconductor had a net margin of 0.80% and a return on equity of 5.02%. The company had revenue of $114.90 million during the quarter, compared to analysts’ expectations of $113.40 million. During the same quarter in the previous year, the business posted $0.32 EPS. The firm’s revenue was up 10.6% on a year-over-year basis. Alpha and Omega Semiconductor updated its Q3 2019 guidance to EPS.

Shares of Alpha and Omega Semiconductor stock traded up $0.06 during mid-day trading on Friday, hitting $10.82. 21,080 shares of the stock were exchanged, compared to its average volume of 81,951. The stock has a market capitalization of $255.98 million, a P/E ratio of 15.91 and a beta of 0.81. Alpha and Omega Semiconductor has a twelve month low of $9.01 and a twelve month high of $17.12. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.67 and a quick ratio of 1.09.

In other news, Director Michael J. Salameh acquired 14,465 shares of the stock in a transaction on Tuesday, November 20th. The stock was bought at an average price of $10.37 per share, with a total value of $150,002.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mike F. Chang acquired 3,930 shares of the stock in a transaction on Tuesday, November 20th. The stock was purchased at an average cost of $10.00 per share, with a total value of $39,300.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 170,936 shares of company stock worth $1,699,343. Insiders own 21.00% of the company’s stock.



Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th. ValuEngine upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 24th. Four investment analysts have rated the stock with a sell rating, The stock currently has a consensus rating of “Sell” and an average target price of $14.50.

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Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

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Earnings History for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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