Wall Street analysts expect that O2Micro International Limited (NASDAQ:OIIM) will announce earnings per share (EPS) of ($0.06) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for O2Micro International Limited’s earnings, with the lowest EPS estimate coming in at ($0.08) and the highest estimate coming in at ($0.05). O2Micro International Limited also posted earnings per share of ($0.06) during the same quarter last year. The business is scheduled to report its next quarterly earnings report on Wednesday, August 2nd.
On average, analysts expect that O2Micro International Limited will report full-year earnings of ($0.16) per share for the current year, with EPS estimates ranging from ($0.25) to ($0.08). For the next financial year, analysts forecast that the company will post earnings of ($0.03) per share, with EPS estimates ranging from ($0.14) to $0.05. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow O2Micro International Limited.
O2Micro International Limited (NASDAQ:OIIM) last announced its earnings results on Wednesday, May 10th. The electronics maker reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. The business had revenue of $15 million for the quarter, compared to the consensus estimate of $14.70 million. O2Micro International Limited had a negative return on equity of 0.66% and a negative net margin of 3.55%. O2Micro International Limited’s revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.08) EPS.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Essex Investment Management Co. LLC boosted its position in shares of O2Micro International Limited by 253.7% in the first quarter. Essex Investment Management Co. LLC now owns 239,230 shares of the electronics maker’s stock worth $548,000 after buying an additional 171,598 shares during the period. Russell Investments Group Ltd. purchased a new position in shares of O2Micro International Limited during the fourth quarter worth about $321,000. Finally, Renaissance Technologies LLC boosted its position in shares of O2Micro International Limited by 1.4% in the fourth quarter. Renaissance Technologies LLC now owns 2,033,300 shares of the electronics maker’s stock worth $3,660,000 after buying an additional 28,400 shares during the period. 39.20% of the stock is currently owned by institutional investors and hedge funds.
Shares of O2Micro International Limited (NASDAQ OIIM) traded down 1.15% on Tuesday, hitting $1.85. The stock had a trading volume of 14,739 shares. O2Micro International Limited has a 12-month low of $1.46 and a 12-month high of $2.80. The company has a 50 day moving average of $2.11 and a 200-day moving average of $2.24. The firm’s market capitalization is $47.92 million.
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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