Alpha & Omega Q3 2024 Adj EPS $(0.04) Beats $(0.14) Estimate, Sales $150.060M Beat $150.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alpha & Omega (AOSL) reported Q3 2024 adjusted EPS of $(0.04), surpassing the $(0.14) estimate, with sales of $150.060M exceeding the $150.000M forecast. This represents a significant improvement over the previous year's performance.
May 07, 2024 | 8:37 pm
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POSITIVE IMPACT
Alpha & Omega reported a smaller Q3 2024 loss than expected and higher sales, indicating a strong performance improvement over the previous year.
The positive earnings surprise and sales beat by Alpha & Omega suggest a robust financial performance, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100