Alpha and Omega Semiconductor Limited (AOSL) reported its financial results for the fiscal first quarter ended September 30, 2024. The company posted revenue of $181.9 million, marking a 10.04% increase compared to $165.3 million in the same quarter last year.
The company reported a GAAP net loss of $2.5 million, resulting in a GAAP net loss per share of $0.09. On a non-GAAP basis, the gross margin stood at 25.5%, and non-GAAP net income per share was $0.21.
These results provide investors with an update on the company's financial trajectory, highlighting revenue growth while also indicating a GAAP net loss for the quarter.
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