-$0.04 Earnings Per Share Expected for O2Micro International Limited (OIIM) This Quarter

Brokerages expect O2Micro International Limited (NASDAQ:OIIM) to report ($0.04) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for O2Micro International’s earnings. O2Micro International reported earnings of ($0.06) per share during the same quarter last year, which would indicate a positive year over year growth rate of 33.3%. The company is expected to report its next quarterly earnings report on Wednesday, January 30th.

On average, analysts expect that O2Micro International will report full year earnings of ($0.23) per share for the current financial year. For the next year, analysts expect that the business will post earnings of ($0.11) per share, with EPS estimates ranging from ($0.12) to ($0.10). Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow O2Micro International.

O2Micro International (NASDAQ:OIIM) last posted its earnings results on Wednesday, October 31st. The electronics maker reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.07). The company had revenue of $16.82 million during the quarter, compared to analysts’ expectations of $16.70 million. O2Micro International had a net margin of 5.37% and a return on equity of 2.81%.

Separately, ValuEngine downgraded shares of O2Micro International from a “hold” rating to a “sell” rating in a research report on Monday, October 22nd.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Grandeur Peak Global Advisors LLC grew its position in O2Micro International by 7.4% during the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 3,239,517 shares of the electronics maker’s stock worth $5,961,000 after purchasing an additional 222,175 shares during the last quarter. FMR LLC grew its position in O2Micro International by 19.2% during the 2nd quarter. FMR LLC now owns 800,400 shares of the electronics maker’s stock worth $1,473,000 after purchasing an additional 128,800 shares during the last quarter. Essex Investment Management Co. LLC purchased a new position in O2Micro International during the 3rd quarter worth $135,000. Finally, Renaissance Technologies LLC grew its position in O2Micro International by 2.9% during the 2nd quarter. Renaissance Technologies LLC now owns 2,076,400 shares of the electronics maker’s stock worth $3,813,000 after purchasing an additional 58,500 shares during the last quarter. 40.49% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ OIIM opened at $1.66 on Friday. The firm has a market capitalization of $42.51 million, a P/E ratio of -9.19 and a beta of 0.65. O2Micro International has a 12 month low of $1.30 and a 12 month high of $2.40.

About O2Micro International

O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Japan, Taiwan, Korea, Singapore, and internationally. The company 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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