Alpha and Omega Semiconductor Reports Financial Results for Fiscal Fourth Quarter and Fiscal Year Ended June 30, 2023

The non-GAAP financial measures in the schedule above and under the section "Financial Result for Fiscal Q4 Ended June 30, 2023" below exclude the effect of share-based compensation expenses, amortization of purchased intangible, legal costs related to government investigation, equity method investment loss from equity investee, and income tax effect of non-GAAP adjustments in each of the periods presented. A detailed reconciliation of GAAP and non-GAAP financial measures is included at the end of this press release.

The results for the fiscal year ended June 30, 2023 and 2022 were as follows:

GAAP Financial Comparison

Annually

(in millions, except percentage and per share data)

(unaudited)

 

 

Year Ended June 30,

 

 

2023

 

2022

Revenue

 

$

691.3

 

 

$

777.6

 

Gross Margin

 

 

28.9

%

 

 

34.5

%

Operating Income

 

$

22.5

 

 

$

102.0

 

Net Income Attributable to AOS

 

$

12.4

 

 

$

453.2

 

Net Income Per Share attributable to AOS - Diluted

 

$

0.42

 

 

$

16.07

 

Non-GAAP Financial Comparison

Annually

(in millions, except percentage and per share data)

(unaudited)

 

 

Year Ended June 30,

 

 

2023

 

2022

Revenue

 

$

691.3

 

 

$

777.6

 

Non-GAAP Gross Margin

 

 

30.2

%

 

 

35.6

%

Non-GAAP Operating Income

 

$

63.9

 

 

$

137.6

 

Non-GAAP Net Income Attributable to AOS

 

$

55.0

 

 

$

128.6

 

Non-GAAP Net Income Per Share Attributable to AOS - Diluted

 

$

1.86

 

 

$

4.56

 


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