Wall Street brokerages expect O2Micro International Limited (NASDAQ:OIIM) to post sales of $23.45 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for O2Micro International’s earnings, with the lowest sales estimate coming in at $23.40 million and the highest estimate coming in at $23.50 million. O2Micro International reported sales of $15.58 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 50.5%. The company is expected to announce its next quarterly earnings report on Friday, May 14th.
On average, analysts expect that O2Micro International will report full-year sales of $98.00 million for the current financial year, with estimates ranging from $97.10 million to $98.90 million. For the next financial year, analysts anticipate that the company will post sales of $106.40 million, with estimates ranging from $104.00 million to $108.80 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover O2Micro International.
O2Micro International (NASDAQ:OIIM) last announced its quarterly earnings results on Thursday, February 4th. The electronics maker reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. O2Micro International had a return on equity of 3.64% and a net margin of 4.88%. The company had revenue of $23.24 million during the quarter, compared to analysts’ expectations of $23.40 million.
Shares of NASDAQ OIIM traded up $0.18 during trading hours on Monday, hitting $7.97. 39 shares of the company’s stock were exchanged, compared to its average volume of 440,255. O2Micro International has a 1-year low of $1.23 and a 1-year high of $11.25. The stock has a market capitalization of $217.09 million, a price-to-earnings ratio of 64.92 and a beta of 0.80. The company’s 50-day moving average price is $7.84 and its 200-day moving average price is $7.29.
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, the United States, Taiwan, Japan, Malaysia, Korea, 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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