Tue. 7 May 2024, 5:39pm ET
Benzinga
News, Guidance
Business Outlook for Fiscal Q4 Ending June 30, 2024
The following statements are based on management's current expectations. These statements are forward-looking, and actual results may differ materially. AOS undertakes no obligation to update these statements.
Our expectations for the fiscal fourth quarter of year 2024 are as follows:
- Revenue to be approximately $160 million, plus or minus $10 million.
- GAAP gross margin to be 24.7%, plus or minus 1%. We anticipate non-GAAP gross margin to be 26.3%, plus or minus 1%.
- GAAP operating expenses to be in the range of $47.9 million, plus or minus $1 million. Non-GAAP operating expenses are expected to be in the range of $39.5 million, plus or minus $1 million.
- Net interest expense to be approximately $0.5 million, and
- Income tax expense to be approximately $0.9 million.