Alpha and Omega Q4 revenue beats expectations
Overview
Alpha and Omega Q4 revenue rises 9.4% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for Q4 beats estimates at $0.02 per share
Company reports GAAP net loss of $77.1 mln for Q4
Outlook
Company expects Q1 revenue of $183 mln, plus or minus $10 mln
AOS anticipates Q1 GAAP gross margin of 23.8%, plus or minus 1%
Non-GAAP gross margin for Q1 expected at 24.4%, plus or minus 1%
AOS sees Q1 GAAP operating expenses around $47.5 mln, plus or minus $1 mln
Result Drivers
COMPUTING STRENGTH - Revenue driven by record levels in AI and graphics, alongside PC-related pull-ins due to tariff uncertainties, per CEO Stephen Chang
WEARABLES MOMENTUM - Continued momentum in wearables contributed to fiscal Q4 results, according to CEO Stephen Chang
TOTAL SOLUTIONS STRATEGY - CEO Stephen Chang emphasizes growing impact of total solutions strategy across high-performance applications
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $176.50 mln | $170 mln (3 Analysts) |
Q4 Adjusted EPS | Beat | $0.02 | -$0.01 (3 Analysts) |
Q4 EPS | -$2.58 | ||
Q4 Adjusted Gross Margin | 24.4% | ||
Q4 Adjusted operating income | $2.30 mln | ||
Q4 Operating income | -$11.60 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Alpha and Omega Semiconductor Ltd is $32.00, about 18.5% above its August 5 closing price of $26.07
The stock recently traded at 98 times the next 12-month earnings vs. a P/E of 43 three months ago
Press Release:
