O2Micro International (OIIM) Expected to Post Earnings of -$0.06 Per Share

Brokerages forecast that O2Micro International (NASDAQ:OIIM) will announce earnings per share of ($0.06) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for O2Micro International’s earnings, with the highest EPS estimate coming in at ($0.06) and the lowest estimate coming in at ($0.07). O2Micro International reported earnings per share of ($0.04) in the same quarter last year, which would indicate a negative year-over-year growth rate of 50%. The company is expected to announce its next quarterly earnings results on Thursday, August 2nd.

On average, analysts expect that O2Micro International will report full year earnings of ($0.17) per share for the current financial year, with EPS estimates ranging from ($0.21) to ($0.15). For the next fiscal year, analysts expect that the firm will post earnings of ($0.03) per share, with EPS estimates ranging from ($0.12) to $0.02. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for O2Micro International.

O2Micro International (NASDAQ:OIIM) last announced its quarterly earnings data on Wednesday, May 2nd. The electronics maker reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.35. O2Micro International had a return on equity of 4.09% and a net margin of 4.18%. The company had revenue of $14.11 million for the quarter, compared to analyst estimates of $14.43 million.

A number of equities research analysts have weighed in on OIIM shares. ValuEngine lowered O2Micro International from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. TheStreet upgraded shares of O2Micro International from a “d+” rating to a “c-” rating in a research report on Wednesday, May 9th.

Several hedge funds have recently bought and sold shares of OIIM. White Pine Capital LLC lifted its position in shares of O2Micro International by 35.4% during the 4th quarter. White Pine Capital LLC now owns 627,194 shares of the electronics maker’s stock valued at $1,047,000 after acquiring an additional 163,925 shares during the period. Grandeur Peak Global Advisors LLC lifted its position in shares of O2Micro International by 4.5% during the 4th quarter. Grandeur Peak Global Advisors LLC now owns 3,122,167 shares of the electronics maker’s stock valued at $5,214,000 after acquiring an additional 134,675 shares during the period. Finally, Balter Liquid Alternatives LLC lifted its position in shares of O2Micro International by 149.2% during the 4th quarter. Balter Liquid Alternatives LLC now owns 80,693 shares of the electronics maker’s stock valued at $134,000 after acquiring an additional 48,310 shares during the period. Institutional investors own 40.93% of the company’s stock.

OIIM traded down $0.03 during trading on Friday, reaching $1.59. The company’s stock had a trading volume of 40,500 shares, compared to its average volume of 42,779. O2Micro International has a 52-week low of $1.55 and a 52-week high of $1.55. The firm has a market capitalization of $40.32 million, a PE ratio of -9.00 and a beta of 0.03.

About O2Micro International

O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems. It provides analog and mixed-signal integrated circuits that manage and provide LCD and LED lighting; control and monitor battery charging and discharging in portable electronic devices and vehicles; perform DC/DC and AC/DC conversion; and provide select and switch functionality between power sources.

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