O2Micro International (NASDAQ:OIIM) posted its quarterly earnings results on Friday. The electronics maker reported ($0.11) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11), Morningstar.com reports. O2Micro International had a negative return on equity of 10.69% and a negative net margin of 14.55%. The business had revenue of $14.27 million during the quarter, compared to the consensus estimate of $13.30 million. O2Micro International updated its Q3 2019 guidance to EPS.
OIIM stock traded up $0.03 during midday trading on Friday, hitting $1.41. The company’s stock had a trading volume of 63,079 shares, compared to its average volume of 11,143. O2Micro International has a 12 month low of $1.26 and a 12 month high of $2.40. The company has a market capitalization of $35.93 million, a price-to-earnings ratio of 15.67 and a beta of 0.64. The business has a 50 day moving average price of $1.37.
Separately, TheStreet downgraded O2Micro International from a “c” rating to a “d+” rating in a research note on Thursday, May 2nd.
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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