O2Micro International Limited Forecasted to Post Q2 2018 Earnings of ($0.05) Per Share (OIIM)

O2Micro International Limited (NASDAQ:OIIM) – Research analysts at Zacks Investment Research issued their Q2 2018 earnings per share (EPS) estimates for shares of O2Micro International in a report released on Wednesday. Zacks Investment Research analyst L. Thompson forecasts that the electronics maker will post earnings per share of ($0.05) for the quarter. Zacks Investment Research also issued estimates for O2Micro International’s Q4 2018 earnings at $0.00 EPS.

O2Micro International (NASDAQ:OIIM) last announced its quarterly earnings results on Wednesday, January 31st. The electronics maker reported ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of ($0.06). O2Micro International had a negative return on equity of 6.18% and a negative net margin of 10.21%. The company had revenue of $15.20 million during the quarter, compared to analyst estimates of $15.63 million. O2Micro International’s revenue was down 4.4% on a year-over-year basis.

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

O2Micro International (NASDAQ OIIM) opened at $1.46 on Monday. O2Micro International has a one year low of $1.45 and a one year high of $2.60. The company has a market capitalization of $37.51, a P/E ratio of -6.08 and a beta of -0.04.

An institutional investor recently raised its position in O2Micro International stock. Essex Investment Management Co. LLC increased its holdings in shares of O2Micro International Limited (NASDAQ:OIIM) by 18.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 365,531 shares of the electronics maker’s stock after acquiring an additional 57,161 shares during the period. Essex Investment Management Co. LLC owned about 1.41% of O2Micro International worth $647,000 at the end of the most recent quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/05/o2micro-international-limited-forecasted-to-post-q2-2018-earnings-of-0-05-per-share-oiim.html.

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.

Receive News & Ratings for O2Micro International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O2Micro International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply