Alpha and Omega Semiconductor Limited (AOSL) Posts Quarterly Earnings Results

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) issued its earnings results on Wednesday. The semiconductor company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.16 by $0.09, Bloomberg Earnings reports. The company had revenue of $98 million during the quarter, compared to analysts’ expectations of $97.50 million. Alpha and Omega Semiconductor Limited had a net margin of 3.09% and a return on equity of 4.25%. The business’s revenue was up 5.0% compared to the same quarter last year.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down 8.24% during mid-day trading on Thursday, hitting $15.70. 34,159 shares of the company’s stock traded hands. The firm has a 50-day moving average of $17.38 and a 200 day moving average of $18.26. Alpha and Omega Semiconductor Limited has a 52 week low of $15.55 and a 52 week high of $23.93. The company has a market cap of $373.50 million, a PE ratio of 32.57 and a beta of 0.26.

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Several brokerages have commented on AOSL. B. Riley reiterated a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Tuesday, May 9th. Zacks Investment Research cut shares of Alpha and Omega Semiconductor Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. TheStreet upgraded shares of Alpha and Omega Semiconductor Limited from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Sidoti began coverage on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, July 13th. They set a “buy” rating for the company. Finally, Northland Securities reiterated a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, July 6th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $27.00.

About Alpha and Omega Semiconductor Limited

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)

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