Alpha and Omega Semiconductor Ltd reports results for the quarter ended June 30 - Earnings Summary

• Alpha and Omega Semiconductor Ltd AOSL.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of three analysts for the quarter was for a loss of one cent per share.

• Revenue rose 9.4% to $176.48 million from a year ago; analysts expected $170.00 million.

• Alpha and Omega Semiconductor Ltd's reported EPS for the quarter was a loss of $2.58​.

• The company reported a quarterly loss of $77.06 million.

• Alpha and Omega Semiconductor Ltd shares had risen by 1.6% this quarter and lost 29.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 400.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 also "buy"

• Wall Street's median 12-month price target for Alpha and Omega Semiconductor Ltd is $32.00, about 18.5% above its last closing price of $26.07

This summary was machine generated from LSEG data August 6 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)