-$0.06 EPS Expected for O2Micro International Limited (OIIM) This Quarter

Equities research analysts expect that O2Micro International Limited (NASDAQ:OIIM) will report earnings of ($0.06) per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for O2Micro International’s earnings, with estimates ranging from ($0.06) to ($0.05). The company is scheduled to announce its next quarterly earnings results before the market opens on Wednesday, January 31st.

On average, analysts expect that O2Micro International will report full year earnings of ($0.18) per share for the current financial year, with EPS estimates ranging from ($0.18) to ($0.17). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.12) per share, with EPS estimates ranging from ($0.15) to ($0.09). Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for O2Micro International.

O2Micro International (NASDAQ:OIIM) last announced its quarterly earnings results on Wednesday, November 1st. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. The firm had revenue of $15.52 million for the quarter, compared to the consensus estimate of $15.85 million. O2Micro International had a negative return on equity of 4.05% and a negative net margin of 6.99%.

Separately, Northland Securities reaffirmed a “hold” rating and set a $3.50 price target on shares of O2Micro International in a report on Friday, November 3rd.

A hedge fund recently raised its stake in O2Micro International stock. Essex Investment Management Co. LLC raised its position in O2Micro International Limited (NASDAQ:OIIM) by 18.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 365,531 shares of the electronics maker’s stock after acquiring an additional 57,161 shares during the quarter. Essex Investment Management Co. LLC owned approximately 1.41% of O2Micro International worth $647,000 at the end of the most recent quarter. 39.93% of the stock is owned by institutional investors.

Shares of O2Micro International (OIIM) remained flat at $$1.64 during trading hours on Monday. 25,601 shares of the company’s stock traded hands, compared to its average volume of 21,968. The stock has a market capitalization of $42.13, a P/E ratio of -9.65 and a beta of 0.07. O2Micro International has a twelve month low of $1.45 and a twelve month high of $2.60.

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About O2Micro International

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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