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Alpha And Omega Semiconductor Sees Q4 2024 Revenue ~$150M-$170M Vs $158.3M Estimate

Benzinga ·  May 8 05:39

Business Outlook for Fiscal Q4 Ending June 30, 2024

The following statements are based on management's current expectations. These statements are forward-looking, and actual results may differ materially. AOS undertakes no obligation to update these statements.

Our expectations for the fiscal fourth quarter of year 2024 are as follows:

  • Revenue to be approximately $160 million, plus or minus $10 million.
  • GAAP gross margin to be 24.7%, plus or minus 1%. We anticipate non-GAAP gross margin to be 26.3%, plus or minus 1%.
  • GAAP operating expenses to be in the range of $47.9 million, plus or minus $1 million. Non-GAAP operating expenses are expected to be in the range of $39.5 million, plus or minus $1 million.
  • Net interest expense to be approximately $0.5 million, and
  • Income tax expense to be approximately $0.9 million.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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