Vimicro International Co. (VIMC) Set to Announce Quarterly Earnings on Tuesday
Vimicro International Co. (NASDAQ:VIMC) is scheduled to be issuing its quarterly earnings data on Tuesday, June 3rd. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Vimicro International Co. (NASDAQ:VIMC) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.09. The company had revenue of $21.40 million for the quarter, compared to the consensus estimate of $18.80 million.
Vimicro International Co. (NASDAQ:VIMC) opened at 3.56 on Monday. Vimicro International Co. has a 52-week low of $1.10 and a 52-week high of $5.18. The stock’s 50-day moving average is $3.4 and its 200-day moving average is $2.96. The company’s market cap is $84.7 million.
A number of research firms have recently commented on VIMC. Analysts at TheStreet downgraded shares of Vimicro International Co. from a “hold” rating to a “sell” rating in a research note on Friday, May 23rd. Analysts at Needham & Company LLC upgraded shares of Vimicro International Co. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 30th. They now have a $6.00 price target on the stock. They noted that the move was a valuation call.
Vimicro International Corporation (NASDAQ:VIMC) is a multimedia semi-conductor and solution provider.
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