Brokerages Anticipate O2Micro International Limited (NASDAQ:OIIM) Will Post Earnings of $0.02 Per Share

Wall Street brokerages forecast that O2Micro International Limited (NASDAQ:OIIMGet Rating) will post $0.02 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for O2Micro International’s earnings. The lowest EPS estimate is $0.01 and the highest is $0.04. O2Micro International reported earnings per share of $0.11 in the same quarter last year, which indicates a negative year-over-year growth rate of 81.8%. The business is scheduled to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that O2Micro International will report full year earnings of $0.24 per share for the current year, with EPS estimates ranging from $0.17 to $0.34. For the next financial year, analysts anticipate that the business will post earnings of $0.41 per share, with EPS estimates ranging from $0.29 to $0.52. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover O2Micro International.

O2Micro International (NASDAQ:OIIMGet Rating) last posted its quarterly earnings results on Friday, May 6th. The electronics maker reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. O2Micro International had a return on equity of 10.85% and a net margin of 10.60%. The business had revenue of $21.63 million for the quarter, compared to analyst estimates of $21.13 million.

Separately, StockNews.com downgraded O2Micro International from a “buy” rating to a “hold” rating in a research report on Thursday, May 12th.

Shares of NASDAQ:OIIM opened at $3.03 on Friday. The business has a 50-day moving average price of $3.51 and a 200 day moving average price of $4.31. The company has a market capitalization of $86.34 million, a price-to-earnings ratio of 8.91 and a beta of 0.89. O2Micro International has a 12-month low of $2.85 and a 12-month high of $8.04.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OIIM. Acadian Asset Management LLC acquired a new position in O2Micro International in the 1st quarter valued at about $30,000. Ergoteles LLC acquired a new position in O2Micro International in the 1st quarter valued at about $55,000. Jane Street Group LLC acquired a new position in O2Micro International in the 3rd quarter valued at about $61,000. Cubist Systematic Strategies LLC acquired a new position in O2Micro International in the 3rd quarter valued at about $63,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in O2Micro International in the 3rd quarter valued at about $69,000. 38.67% 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, Singapore, Taiwan, Malaysia, Korea, the Philippines, Japan, the United States, and internationally. The company offers analog and mixed-signal integrated circuits that manages and provides power for LCD and LED lighting; controls and monitors battery charging and discharging in portable electronic devices and vehicles; performs DC/DC and AC/DC conversion; and provides select and switch functionality between power sources.

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