O2Micro International Limited (NASDAQ:OIIM) is set to announce third quarter earning results on Friday 30th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, OIIM to report 3Q20 income of $ 0.09 per share from revenue of $ 22.00 million.
For the full year, analysts anticipate top line of $ 75.20 million, while looking forward to income of $ 0.14 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 22.00 million ~ $ 22.00 million
Click Here For More Historical Outlooks Of O2Micro International Limited
Previous Quarter Performance
O2Micro International Limited reported income for the second quarter of $ 0.03 per share, from the revenue of $ 17.28 million. The consensus estimates are loss of $ 0.06 per share from $ 17.00 million in revenue. The bottom line results beat street analysts by $ 0.09 or 150.00 percent, at the same time, top line results outshined analysts by $ 0.28 million or 1.65 percent.
Stock Performance
Shares of O2Micro International Limited traded up $ 0.25 or 4.83 percent on Thursday, reaching $ 5.43 with volume of 297.30 thousand shares. O2Micro International Limited has traded high as $ 5.60 and has cracked $ 5.26 on the downward trend
According to the previous trading day, closing price of $ 5.43, representing a 428.57 % increase from the 52 week low of $ 0.98 and a 19.57 % decrease over the 52 week high of $ 6.44.
The company has a market capital of $ 146.63 million and is part of the Technology sector and Electronic Components industry.
Conference Call
O2Micro International Limited will be hosting a conference call at 9:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.o2micro.com
O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Japan, Malaysia, Taiwan, Korea, Singapore, and internationally. The company offers 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 provides select and switch functionality between power sources, as well as backlighting products. Its products are primarily used in the consumer electronics, computer, industrial, communication, and automotive markets for applications, including LCD and LED monitors, LCD and LED televisions, notebook and tablet computers, low/zero emission vehicles, mobile phones, power tools, energy efficient technology relating to batteries, LED lighting, and portable electronics devices.
