O2Micro International Limited (NASDAQ:OIIM) Expected to Announce Quarterly Sales of $21.13 Million

Brokerages expect O2Micro International Limited (NASDAQ:OIIMGet Rating) to post sales of $21.13 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for O2Micro International’s earnings. The lowest sales estimate is $21.00 million and the highest is $21.40 million. O2Micro International reported sales of $23.24 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 9.1%. The firm is scheduled to announce its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that O2Micro International will report full-year sales of $105.73 million for the current year, with estimates ranging from $103.80 million to $108.00 million. For the next year, analysts expect that the company will post sales of $118.00 million, with estimates ranging from $115.00 million to $121.00 million. Zacks’ sales calculations are an average based on a survey of research firms that cover O2Micro International.

O2Micro International (NASDAQ:OIIMGet Rating) last released its earnings results on Wednesday, January 26th. The electronics maker reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.06. O2Micro International had a return on equity of 12.89% and a net margin of 11.98%. The business had revenue of $24.39 million during the quarter, compared to the consensus estimate of $24.00 million. During the same period last year, the business posted $0.14 earnings per share.

OIIM has been the subject of a number of analyst reports. StockNews.com initiated coverage on O2Micro International in a report on Thursday, March 31st. They issued a “buy” rating for the company. TheStreet lowered O2Micro International from a “b-” rating to a “c+” rating in a report on Wednesday, January 12th.

Shares of O2Micro International stock traded down $0.02 during trading hours on Friday, reaching $3.50. The company had a trading volume of 46,465 shares, compared to its average volume of 284,634. O2Micro International has a one year low of $2.90 and a one year high of $8.04. The business has a fifty day simple moving average of $3.89 and a 200 day simple moving average of $4.77. The firm has a market cap of $99.75 million, a PE ratio of 8.97 and a beta of 0.78.

A number of large investors have recently bought and sold shares of OIIM. F3Logic LLC bought a new stake in O2Micro International during the third quarter worth about $133,000. AIGH Capital Management LLC increased its holdings in shares of O2Micro International by 34.5% in the third quarter. AIGH Capital Management LLC now owns 2,458,402 shares of the electronics maker’s stock worth $14,849,000 after buying an additional 630,203 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in shares of O2Micro International in the third quarter worth about $69,000. Citadel Advisors LLC purchased a new position in shares of O2Micro International in the second quarter worth about $175,000. Finally, Virtu Financial LLC purchased a new position in shares of O2Micro International in the fourth quarter worth about $105,000. 47.90% of the stock is owned by institutional investors.

O2Micro International Company Profile (Get Rating)

O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, the United States, Taiwan, Japan, Korea, Malaysia, Singapore, and internationally. The company offers analog and mixed-signal integrated circuits that manage and provide power for 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 provides select and switch functionality between power sources, and LED drivers for backlighting products.

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