Revenue Update on O2Micro International Limited (ADR)(NASDAQ:OIIM)

O2Micro International Limited (ADR)(NASDAQ:OIIM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $13.22M. Analysts estimated a revenue of $13.50M. Earnings per share were $-0.06. Analysts had estimated an EPS of $-0.13.

O2Micro International Limited (ADR) (OIIM) shares turned negative on Fridays trading session with the shares closing down -0.02 points or -1.10% at a volume of 6,471. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $1.8499. The peak price level was also seen at $1.8499 while the days lowest was $1.8. Finally the shares closed at $1.8. The 52-week high of the shares is $2.54 while the 52-week low is $1.21. According to the latest information available, the market cap of the company is $46 M.

O2Micro International Limited designs develops and markets power management components for the Computer Consumer Industrial Automotive and Communications markets. The Company’s consumer electronics market includes liquid crystal display (LCD) and light emitting diode (LED) televisions desktop and notebook monitors portable media players digital cameras global positioning system (GPS)/portable navigation device (PND) solutions for directional assistance personal digital assistants (PDAs) games and general lighting products including LED light bulbs). Computer market includes desktop computers LCD and LED monitors tablet computers notebooks netbooks and mobile communication applications. The Company’s integrated circuit products use analog and mixed-signal designs that combine analog and digital circuits on a single chip. It offers a range of application specific standard products as well as customized products.

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