Alpha and Omega Semiconductor — Fiscal Q1 2027 Earnings Summary

Alpha and Omega Semiconductor reported fiscal first quarter 2027 revenue of $177.8 million, representing a 4.3% increase from the prior quarter but a 2.6% decrease year-over-year. The company posted a GAAP net loss of $6.1 million, or $0.20 per diluted share, while non-GAAP net loss narrowed to $2.1 million, or $0.07 per diluted share. Revenue growth was driven by a more than 65% sequential increase in AI and Server segments, which now account for over 20% of total revenue, offsetting weakness in traditional PC and consumer electronics markets. Looking ahead to the second quarter of 2027, the company forecasts revenue of approximately $180 million with a non-GAAP gross margin of 25.7%.