Alpha And Omega Semiconductor Limited Sees Q3 2024 Revenue ~$150M ± $10M Vs $159.267M Est.
Portfolio Pulse from Benzinga Newsdesk
Alpha And Omega Semiconductor Limited (AOSL) projects its Q3 2024 revenue to be around $150 million, plus or minus $10 million, which is below the estimated $159.267 million.
February 06, 2024 | 9:59 pm
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Alpha And Omega Semiconductor Limited projects its Q3 2024 revenue to be lower than expected, at around $150 million, plus or minus $10 million, compared to the estimated $159.267 million.
Revenue forecasts that fall short of market expectations typically lead to negative investor sentiment in the short term. AOSL's announcement of lower-than-expected revenue for Q3 2024 could lead to a decrease in stock price as investors adjust their expectations based on the new forecast.
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