Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) announced its earnings results on Thursday. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01), Briefing.com reports. Alpha and Omega Semiconductor Limited had a net margin of 3.61% and a return on equity of 4.76%. The business had revenue of $104.90 million during the quarter, compared to analyst estimates of $103.15 million. During the same period in the previous year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis.

WARNING: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/11/02/alpha-and-omega-semiconductor-limited-aosl-posts-earnings-results.html.

In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,398 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total value of $61,164.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 21.70% of the company’s stock.

A number of equities analysts have issued reports on the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $18.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, October 12th. Sidoti assumed coverage on Alpha and Omega Semiconductor Limited in a research report on Thursday, July 13th. They issued a “buy” rating on the stock. B. Riley reaffirmed a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Monday, August 7th. Finally, Northland Securities reaffirmed a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, July 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $26.00.

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)

Receive News & Ratings for Alpha and Omega Semiconductor Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor Limited and related companies with MarketBeat.com's FREE daily email newsletter.