Alpha & Omega Semiconductor Ltd. (AOSL) shares plummeted 14.33% in after-hours trading on Wednesday, following the release of the company's fiscal second quarter 2025 results that missed market expectations.
The semiconductor company reported an adjusted operating income of just $3 million for the quarter, along with an adjusted gross margin of 24.2%. Perhaps more concerningly, Alpha & Omega posted an operating loss of $5.9 million.
Revenues for the quarter came in at $173.2 million, underscoring the company's struggles with profitability amid a challenging market environment. The weak Q2 results appeared to catch investors off-guard, prompting a sharp sell-off in Alpha & Omega's shares during Wednesday's extended trading session.