Alpha and Omega Semiconductor (NASDAQ:AOSL) Releases Earnings Results, Beats Estimates By $0.10 EPS

Alpha and Omega Semiconductor (NASDAQ:AOSL) issued its quarterly earnings results on Tuesday. The semiconductor company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.10, Briefing.com reports. The firm had revenue of $150.10 million during the quarter, compared to the consensus estimate of $150.13 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned ($0.59) earnings per share.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $27.09 on Friday. The company’s fifty day moving average is $22.17 and its two-hundred day moving average is $23.53. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 2.52. The firm has a market capitalization of $766.05 million, a P/E ratio of -43.00 and a beta of 2.36. Alpha and Omega Semiconductor has a one year low of $19.38 and a one year high of $35.40.

Insider Activity at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,956 shares of Alpha and Omega Semiconductor stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $19.57, for a total transaction of $38,278.92. Following the completion of the transaction, the executive vice president now directly owns 130,082 shares of the company’s stock, valued at $2,545,704.74. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 20,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the transaction, the chief financial officer now directly owns 293,296 shares in the company, valued at approximately $6,836,729.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Bing Xue sold 1,956 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $19.57, for a total transaction of $38,278.92. Following the sale, the executive vice president now owns 130,082 shares of the company’s stock, valued at $2,545,704.74. The disclosure for this sale can be found here. Insiders sold 40,649 shares of company stock worth $920,392 over the last 90 days. Company insiders own 17.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AOSL. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. Stifel Nicolaus reduced their price objective on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a research report on Thursday, April 18th.

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 in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.