Alpha & Omega Semiconductor posted fiscal Q4 revenue of $170.4 million, down 3.5% year over year and up 4% sequentially.
GAAP net loss narrowed to $13.1 million; GAAP diluted loss was $0.43 per share, versus $0.46 in the prior quarter.
GAAP gross margin rose 2 percentage points to 23.1% from the prior quarter; GAAP operating loss improved to $11 million from $14.1 million.
Management commentary and outlook
CEO Stephen Chang cited strength in Advanced Computing, particularly AI and server applications, alongside Communications ramps with a Tier 1 U.S. smartphone customer.
For fiscal Q1, revenue is expected at $176 million ± $10 million; GAAP gross margin is forecast at 23.8% ± 1%.
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