Alpha & Omega reports Q4 adjusted EPS 19c, consensus 2c

Reports Q4 revenue $161.5M, consensus $155.63M. AOS Chief Executive Officer Stephen Chang commented, “Our fiscal Q4 revenue was above the mid-point of our guidance and gross margin was above the high-end of our guidance. Revenue was $161.5 million, non-GAAP gross margin was 28.5% and non-GAAP EPS was $0.19. Our performance this quarter was driven by a solid recovery across notebook and desktop computing applications and strength in our diversified customer base and product portfolio in Power Supply and Industrial end markets. Even though broader market consumer demand continues to be weak, we are optimistic that the worst phase of this cycle is behind us.”