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Alpha And Omega Semiconductor Reports Results For The Fiscal Second Quarter Of 2013 Ended December 31, 2012

SUNNYVALE, Calif., Jan. 30, 2013 (GLOBE NEWSWIRE) -- Alpha and Omega Semiconductor Limited ("AOS") (Nasdaq:AOSL), a designer, developer and global supplier of a broad range of power semiconductors, today reported financial results for the fiscal second quarter ended December 31, 2012.

The results for the fiscal second quarter ended December 31, 2012 are as follows:

GAAP Financial Comparison
Quarterly
(in millions except percentage and per share data)
(unaudited)
 
  Q2 FY2013 Q1 FY2013 Q2 FY2012
Revenue  $ 89.4   $ 95.8   $ 80.7 
Gross Margin 23.0 % 26.7 % 22.6 %
Operating Income  $ 4.9   $ 9.8   $ 2.3 
Net Income  $ 3.7   $ 7.9   $ 1.5 
Earnings Per Share - Diluted  $ 0.14   $ 0.31   $ 0.06 
       
Non-GAAP Financial Comparison
Quarterly
(in millions except percentage and per share data)
(unaudited)
 
  Q2 FY2013 Q1 FY2013 Q2 FY2012
Revenue  $ 89.4   $ 95.8   $ 80.7
Gross Margin 23.2 % 26.9 % 22.8 %
Operating Income  $ 5.8   $ 11.3   $ 3.8 
Net Income  $ 4.6   $ 9.4   $ 2.9 
Earnings Per Share - Diluted  $ 0.18   $ 0.36   $ 0.12 

"Despite weak PC demand and continuing economic uncertainty, we are pleased to see that design wins with our new products are penetrating into higher value market segments," said Dr. Mike Chang, CEO of AOS. "During the December quarter, AOS has made significant strides in the smartphone market with growing revenue at one of the world's leading manufacturers. In addition, we have achieved design wins in numerous Ultrabook programs with our advanced PairFET and EzBuck-II Power IC products."

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