O2Micro International Limited (OIIM) to Release Earnings on Wednesday
O2Micro International Limited (NASDAQ:OIIM) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 1st. Analysts expect O2Micro International Limited to post earnings of ($0.07) per share for the quarter.
O2Micro International Limited (NASDAQ:OIIM) last posted its earnings results on Thursday, August 3rd. The electronics maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $14.51 million for the quarter, compared to analysts’ expectations of $15.07 million. O2Micro International Limited had a negative net margin of 2.59% and a positive return on equity of 0.01%. The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.06) earnings per share. On average, analysts expect O2Micro International Limited to post $-0.17 EPS for the current fiscal year and $-0.08 EPS for the next fiscal year.
Shares of O2Micro International Limited (NASDAQ:OIIM) opened at 1.87 on Wednesday. The company’s market cap is $48.32 million. The firm’s 50 day moving average is $1.71 and its 200-day moving average is $1.90. O2Micro International Limited has a 1-year low of $1.45 and a 1-year high of $2.80.
Separately, ValuEngine lowered shares of O2Micro International Limited from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd.
About O2Micro International Limited
O2Micro International Limited designs, develops and markets power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. The Company’s power management products include integrated circuits (ICs) for liquid crystal display (LCD) and light emitting diode (LED) lighting; control and monitoring of battery charging and discharging; direct current (DC)/DC and alternating current (AC)/DC conversion, and provide select and switch functionality between power sources.
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