Alpha and omega semiconductor reports second quarter 2020 results

Alpha and omega semiconductor reports financial results for the fiscal second quarter of 2020 ended december 31, 2019.q2 non-gaap earnings per share $0.23.q2 gaap loss per share $0.04.q2 revenue $117.9 million versus refinitiv ibes estimate of $119.1 million.q2 earnings per share estimate $0.23 -- refinitiv ibes data.alpha and omega semiconductor - doj recently commenced investigation into compliance with export control regulations relating to some huawei deals.cooperating fully with federal authorities in investigation.alpha and omega semiconductor - doc has requested co to suspend shipments of its products to huawei, co is working with doc to resolve issue.alpha and omega semiconductor - expect financial performance in march quarter will be negatively impacted by huawei shipment interruption.expect financial performance in march quarter will be impacted by fees incurred in connection with investigation.sales to other non-huawei customers are expected to continue, unaffected by doc order..alpha and omega semiconductor - expect weaker than normal seasonality in q3 on estimated production loss in china due to coronavirus outbreak as well.sees q3 2020 revenue $106 million to $110 million.alpha and omega semiconductor sees loss of production due to coronavirus, extended chinese ny holiday will reduce revenue by $6 million to $7 million in q3.q3 revenue view $118.7 million -- refinitiv ibes data.
AOSL Ratings Summary
AOSL Quant Ranking