O2Micro International Limited (ADR) (OIIM) Releases Earnings Results, Beats Expectations By $0.01 EPS

O2Micro International Limited (ADR) (OIIM) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $-0.06 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $-0.07. The company posted revenue of $13.20 million in the period, compared to analysts expectations of $13.53 million. The company’s revenue was down -10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.10 EPS.

O2Micro International Limited (ADR) opened for trading at $1.62 and hit $1.72 on the upside on Tusday, eventually ending the session at $1.7, with a gain of 3.66% or 0.06 points. The heightened volatility saw the trading volume jump to 21,488 shares. Company has a market cap of $43 M.

O2Micro International Limited designs develops and markets power management components for the Computer Consumer Industrial Automotive and Communications markets. The Company’s consumer electronics market includes liquid crystal display (LCD) and light emitting diode (LED) televisions desktop and notebook monitors portable media players digital cameras global positioning system (GPS)/portable navigation device (PND) solutions for directional assistance personal digital assistants (PDAs) games and general lighting products including LED light bulbs). Computer market includes desktop computers LCD and LED monitors tablet computers notebooks netbooks and mobile communication applications. The Company’s integrated circuit products use analog and mixed-signal designs that combine analog and digital circuits on a single chip. It offers a range of application specific standard products as well as customized products.

O2Micro International Limited (ADR)

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