Brokerages Expect O2Micro International Limited (OIIM) to Post -$0.06 Earnings Per Share

Brokerages predict that O2Micro International Limited (NASDAQ:OIIM) will post earnings of ($0.06) per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for O2Micro International Limited’s earnings, with the highest EPS estimate coming in at ($0.05) and the lowest estimate coming in at ($0.08). O2Micro International Limited also posted earnings per share of ($0.06) during the same quarter last year. The business is expected to issue its next 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 fiscal year, analysts anticipate that the firm will post earnings of ($0.03) per share, with EPS estimates ranging from ($0.14) to $0.05. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow O2Micro International Limited.

O2Micro International Limited (NASDAQ:OIIM) last released its quarterly earnings results on Wednesday, May 10th. The electronics maker reported ($0.04) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.01. O2Micro International Limited had a negative net margin of 5.28% and a negative return on equity of 2.10%. The business had revenue of $15 million for the quarter, compared to the consensus estimate of $14.70 million. During the same period last year, the firm earned ($0.08) earnings per share. The company’s quarterly revenue was up 15.4% on a year-over-year basis.

O2Micro International Limited (NASDAQ:OIIM) traded up 0.49% on Tuesday, reaching $2.07. 61,791 shares of the company’s stock traded hands. The stock’s market cap is $53.62 million. The stock has a 50 day moving average price of $2.34 and a 200 day moving average price of $2.23. O2Micro International Limited has a 12-month low of $1.40 and a 12-month high of $2.80.

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Several hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new stake in O2Micro International Limited during the fourth quarter valued at approximately $321,000. Essex Investment Management Co. LLC increased its stake 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. Finally, Renaissance Technologies LLC increased its stake 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. 40.27% of the stock is currently owned by institutional investors and hedge funds.

O2Micro International Limited Company Profile

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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