Vimicro International Co. (VIMC) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Vimicro International Co. (NASDAQ:VIMC) released its earnings data on Tuesday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.06, American Banking and Market News reports. The company had revenue of $24.00 million for the quarter, compared to the consensus estimate of $23.50 million.
Shares of Vimicro International Co. (NASDAQ:VIMC) traded up 3.55% during mid-day trading on Tuesday, hitting $3.50. 123,030 shares of the company’s stock traded hands. Vimicro International Co. has a 1-year low of $1.23 and a 1-year high of $5.18. The stock has a 50-day moving average of $3.02 and a 200-day moving average of $3.33. The company’s market cap is $83.3 million.
Vimicro International Corporation (NASDAQ:VIMC) is a multimedia semi-conductor and solution provider.
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