O2Micro International Limited (NASDAQ:OIIM) Expected to Announce Earnings of -$0.06 Per Share

Equities research analysts expect O2Micro International Limited (NASDAQ:OIIM) to report earnings of ($0.06) per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for O2Micro International’s earnings, with estimates ranging from ($0.06) to ($0.05). O2Micro International posted earnings per share of ($0.05) during the same quarter last year, which would suggest a negative year-over-year growth rate of 20%. The business is expected to announce its next quarterly earnings results on Wednesday, October 30th.

According to Zacks, analysts expect that O2Micro International will report full-year earnings of ($0.34) per share for the current financial year. For the next year, analysts expect that the business will report earnings of ($0.23) per share, with EPS estimates ranging from ($0.25) to ($0.20). Zacks’ EPS averages 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 results on Friday, August 2nd. The electronics maker reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). The firm had revenue of $14.27 million for the quarter, compared to analyst estimates of $13.30 million. O2Micro International had a negative return on equity of 12.65% and a negative net margin of 21.79%.

Separately, TheStreet lowered O2Micro International from a “c” rating to a “d+” rating in a research note on Thursday, May 2nd.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. DNB Asset Management AS grew its stake in O2Micro International by 1.0% in the second quarter. DNB Asset Management AS now owns 2,649,409 shares of the electronics maker’s stock valued at $3,673,000 after purchasing an additional 25,000 shares during the last quarter. White Pine Capital LLC grew its stake in O2Micro International by 10.0% in the first quarter. White Pine Capital LLC now owns 891,915 shares of the electronics maker’s stock valued at $1,525,000 after purchasing an additional 81,050 shares during the last quarter. Balter Liquid Alternatives LLC grew its stake in O2Micro International by 11.9% in the second quarter. Balter Liquid Alternatives LLC now owns 112,814 shares of the electronics maker’s stock valued at $156,000 after purchasing an additional 12,010 shares during the last quarter. Finally, Susquehanna International Group LLP grew its stake in O2Micro International by 94.6% in the second quarter. Susquehanna International Group LLP now owns 23,047 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 11,202 shares during the last quarter. Institutional investors own 38.44% of the company’s stock.

Shares of O2Micro International stock traded up $0.08 during trading on Friday, hitting $1.38. 2,361 shares of the stock traded hands, compared to its average volume of 22,324. The firm has a market cap of $36.07 million, a P/E ratio of 15.33 and a beta of 0.64. The company has a current ratio of 6.77, a quick ratio of 5.62 and a debt-to-equity ratio of 0.03. O2Micro International has a 52-week low of $1.26 and a 52-week high of $2.40. The stock’s fifty day simple moving average is $1.37 and its 200 day simple moving average is $1.49.

O2Micro International Company Profile

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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