Alpha and Omega Semiconductor (AOSL) will report earnings on Tuesday

Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) will release their earnings data after the market closes on Tuesday, May 7. Analysts expect Alpha and Omega Semiconductor to post earnings of ($0.14) per share for the quarter. Alpha and Omega Semiconductor have set their guidance for Q3 2024 on EPS. Investors interested in participating in the company’s conference call can do so via this link.

Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last posted their earnings results on Tuesday, February 6. The semiconductor company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.04. The company had revenue of $165.29 million for the quarter, compared to analyst estimates of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. On average, analysts expect Alpha and Omega Semiconductor to post $-1 earnings per share for the current fiscal year and $-1 earnings per share for the next fiscal year.

Alpha and Omega Semiconductor shares rise 2.1%

Shares of Alpha and Omega Semiconductor opened at $22.36 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.52 and a quick ratio of 1.33. The company has a market cap of $632.34 million, a price-to-earnings ratio of -35.49 and a beta of 2.36. The stock has a 50-day simple moving average of $21.95 and a 200-day simple moving average of $23.56. Alpha and Omega Semiconductor has a 52-week low of $19.38 and a 52-week high of $35.40.

Insider buying and selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 14,292 shares of the company’s stock in a transaction on Wednesday, February 14. The shares sold at an average price of $22.77, for a total value of $325,428.84. Following the sale, the executive vice president now owns 131,291 shares of the company’s stock, valued at approximately $2,989,496.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Yifan Liang sold 20,000 shares of the company’s stock in a transaction dated Tuesday, March 12. The shares sold at an average price of $23.31, for a total value of $466,200.00. Following the sale, the chief financial officer now owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Bing Xue sold 14,292 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock sold at an average price of $22.77, for a total transaction of $325,428.84. Following the completion of the sale, the executive vice president now directly owns 131,291 shares of the company’s stock, valued at approximately $2,989,496.07. The explanation of this sale can be found here. Insiders have sold 40,649 company shares worth $920,392 in the last 90 days. 17.90% of the shares are currently owned by company insiders.

Wall Street analysts weigh in

A number of stock analysts recently published reports on the stock. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Stifel Nicolaus lowered their target price on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a research report on Thursday, April 18.

Check out our latest report on Alpha and Omega Semiconductor

Company profile Alpha and Omega Semiconductor

(Get a free report)

Alpha and Omega Semiconductor Limited designs, develops and supplies power semiconductor products for computers, consumer electronics, communications and industrial applications in Hong Kong, China, South Korea, the United States and internationally. It offers discrete power products including metal oxide semiconductor field effect transistors (MOSFET), SRFETs, servers, data centers, base stations, graphics cards, gaming boxes, TVs, AC adapters, power supplies, motor controls, power tools, electric vehicles, white goods and industrial motor drives, UPS systems, solar inverters and industrial welding.

read more

Receive daily news and reviews for Alpha and Omega Semiconductor – Enter your email address below to receive a daily summary of the latest news and analyst ratings for Alpha and Omega Semiconductor and related companies with MarketBeat.com’s FREE daily email newsletter.