Alpha and Omega Semiconductor Limited (AOSL) Announces Earnings Results, Beats Estimates By $0.09 EPS

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) announced its earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.09, Bloomberg Earnings reports. The company had revenue of $98 million for the quarter, compared to analyst estimates of $97.50 million. Alpha and Omega Semiconductor Limited had a return on equity of 4.80% and a net margin of 3.61%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year.

Alpha and Omega Semiconductor Limited (AOSL) traded up 2.61% on Friday, reaching $15.35. The company had a trading volume of 109,451 shares. The firm has a market capitalization of $368.28 million, a price-to-earnings ratio of 27.41 and a beta of 0.26. The stock’s 50-day moving average price is $17.04 and its 200 day moving average price is $18.00. Alpha and Omega Semiconductor Limited has a 52-week low of $14.87 and a 52-week high of $23.93.

WARNING: This news story was published by Rincon Hill News and is the sole property of of Rincon Hill News. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://rinconhillneighbors.org/2017/08/19/alpha-and-omega-semiconductor-limited-aosl-releases-quarterly-earnings-results-misses-expectations-by-0-03-eps-updated.html.

AOSL has been the topic of a number of recent analyst reports. TheStreet upgraded Alpha and Omega Semiconductor Limited from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Zacks Investment Research raised Alpha and Omega Semiconductor Limited from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Tuesday, May 9th. B. Riley reissued a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a report on Tuesday, May 9th. Sidoti assumed coverage on Alpha and Omega Semiconductor Limited in a report on Thursday, July 13th. They issued a “buy” rating for the company. Finally, Northland Securities reaffirmed a “buy” rating and issued a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 6th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $27.00.

Alpha and Omega Semiconductor Limited Company Profile

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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

Receive News & Ratings for Alpha and Omega Semiconductor Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor Limited and related companies with our FREE daily email newsletter.

 

Latest News



Leave a Reply

 
© 2006-2017 Rincon Hill News.