Key Developments: Alpha and Omega Semiconductor Ltd (AOSL.O)
7.74USD
17 May 2013
$0.05 (+0.65%)
$7.69
$7.71
$7.77
$7.65
46,223
80,650
$10.45
$6.64
Latest Key Developments (Source: Significant Developments)
Alpha And Omega Semiconductor Ltd Issues Q3 2013 Revenue Guidance Below Analysts' Estimates
Alpha And Omega Semiconductor Ltd announced that for the third quarter of 2013, it expects revenues of between $76 million and $80 million. This includes estimated share based compensation expense of $1.2 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $90 million for the third quarter of 2013. Full Article
Alpha And Omega Semiconductor Ltd Issues Q1 2013 Guidance; EBIT Guidance Below Analysts' Estimates
Alpha And Omega Semiconductor Ltd announced that for the first quarter of 2013, it expects revenue to be between $92 million and $96 million, GAAP operating income to be in the range of 8% to 9% of revenue, Non-GAAP operating income to be in the range of 9.5% to 10.5% of revenue, GAAP net income to be in the range of 6.5% to 7.5% of revenue including the income tax provision which is expected to be in the range of $1.0 million to $1.4 million and Non-GAAP net income to be in the range of 8% to 9% of revenue. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $94 million, EBIT of $8.30 million and net income of $7.37 million for the first quarter of 2013. Full Article
Alpha And Omega Semiconductor Ltd Issues Q4 2012 Guidance Above Analysts' Estimates
Alpha And Omega Semiconductor Ltd announced that for the fourth quarter of 2012, it expects revenue to be between $88.0 million and $92.0 million, GAAP operating income to be in the range of 5.0% to 6.0% of revenue, Non-GAAP operating income to be in the range of 6.5% to 7.5% of revenue and GAAP net income to be in the range of 3.5% to 4.5% of revenue, including the income tax provision which is expected to be in the range of $1.3 million to $1.5 million. Non-GAAP net income is expected to be in the range of 5.0% to 6.0% of revenue. Projected Non-GAAP operating income and net income both exclude estimated share-based compensation expense of $1.4 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $87.3 million, operating income of $3.47 million and net income of $2.47 million for the fourth quarter of 2012. Full Article
Alpha And Omega Semiconductor Ltd Announces Resignation Of Chief Financial Officer And Appointment Of New Chief Financial Officer
Alpha And Omega Semiconductor Ltd announced that Ephraim Kwok, Chief Financial Officer (CFO), has resigned due to health reasons as recommended by his physician, effective immediately. The Board of Directors has appointed Mary L. Dotz to serve as the new Chief Financial Officer, effective March 1, 2012. Full Article
Alpha And Omega Semiconductor Ltd Issues Q3 2012 Guidance Revenue Guidance Above Analysts' Estimates; Comments On Q3 2012 Earnings Guidance
Alpha And Omega Semiconductor Ltd announced that for the third quarter of 2012, it expects revenue is expected to be between $80 million and $84 million, operating income is expected to be in the range of breakeven to 1.5%, non-GAAP operating income (EBIT) is expected to be in the range of 1.8% to 3.3%, net income/loss is expected to be in the range of -1.0% to 0.5%, including an expected tax provision of approximately $800000 and non-GAAP net income is expected to be in the range of 0.8% to 2.3%, excluding estimated $1.5 million share-based compensation expense. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $79 million and EBIT of $2.05 million and net income of $(2.11) million for the third quarter of 2012. Full Article
Alpha And Omega Semiconductor Ltd Issues Q2 2012 Guidance; Revenue Guidance Below Analysts' Estimates
Alpha And Omega Semiconductor Ltd announced that for second quarter of 2012, it expects revenue to be in the range of $75-$79 million, operating income is expected to be in the range of 1.0% to 2.0%. Non-GAAP operating income is expected to be in the range of 3.0% to 4.0%. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $81 million and EBIT of $3.96 million for second quarter of 2012. Full Article
Alpha And Omega Semiconductor Ltd Lowers Q1 2012 Guidance
Alpha And Omega Semiconductor Ltd updated first quarter 2012 guidance and expects revenue to be in the range of to be $81 million to $83 million for the quarter, compared to previous guidance of $83 million to $87 million. Operating income is now expected to be 3% to 4% of revenue, compared to previous guidance of 5% to 7%. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $85 million for first quarter of 2012. Full Article
Integrated Device Technology Inc. To Sell Oregon Plant, And Related Assets To Alpha And Omega Semiconductor Ltd-DJ
Dow Jones reported that Integrated Device Technology Inc. agreed to sell its Hillsboro, Ore., wafer fabrication facility and related assets for $26 million to Alpha And Omega Semiconductor Ltd as it plans to outsource manufacturing to foundry partners. Integrated Device expects the companies to sign an asset purchase agreement by the year end, and said the deal should close by the end of January. Integrated Device is moving to a fabless model, under which it will outsource manufacturing to foundry partners. Full Article
Alpha And Omega Semiconductor Ltd Intends to Exercise Option to Acquire Wafer Fabrication Facility From Integrated Device Technology Inc.
Alpha And Omega Semiconductor Ltd announced that it intends to exercise an option to acquire certain assets associated with a 200mm wafer fabrication facility from Integrated Device Technology Inc. Under the existing foundry service arrangement with IDT, AOS has the option to acquire these assets for $26 million, and the option is exercisable between September 1, 2011, and November 15, 2011. AOS expects to exercise this option before the November 15, 2011 deadline. The acquisition is subject to the execution of a definitive asset purchase agreement with customary closing conditions between AOS and IDT. AOS currently expects to sign the asset purchase agreement by the end of calendar year 2011 and close the transaction prior to January 31, 2012. Full Article
Alpha And Omega Semiconductor Ltd Issues Q1 2012 Revenue Guidance Below Analysts' Estimates; Comments On Q1 2012 EBIT Guidance
Alpha And Omega Semiconductor Ltd announced that for the first quarter of 2012, revenue is expected to be between $83-$87 million. Operating income is expected to be in the range of 5%-7%. Non-GAAP operating income is expected to be in the range of 7%-9%. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $104 million and EBIT of $13.05 million for the first quarter of 2012. Full Article
Earnings vs. 
Estimates
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