Brokerages Expect O2Micro International Limited (OIIM) Will Announce Earnings of -$0.04 Per Share

Equities analysts expect O2Micro International Limited (NASDAQ:OIIM) to report earnings per share of ($0.04) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for O2Micro International’s earnings. O2Micro International posted earnings per share of ($0.06) during the same quarter last year, which would indicate a positive year-over-year growth rate of 33.3%. The company is scheduled to report its next quarterly earnings results on Wednesday, January 30th.

On average, analysts expect that O2Micro International will report full-year earnings of ($0.23) per share for the current fiscal year. For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.11) per share, with EPS estimates ranging from ($0.12) to ($0.10). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow O2Micro International.

O2Micro International (NASDAQ:OIIM) last posted its quarterly earnings data on Wednesday, October 31st. The electronics maker reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.07). O2Micro International had a return on equity of 2.81% and a net margin of 5.37%. The firm had revenue of $16.82 million during the quarter, compared to analyst estimates of $16.70 million.

Separately, ValuEngine cut O2Micro International from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd.

A number of hedge funds have recently bought and sold shares of OIIM. Grandeur Peak Global Advisors LLC boosted its holdings in O2Micro International by 7.4% in the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 3,239,517 shares of the electronics maker’s stock worth $5,961,000 after buying an additional 222,175 shares during the last quarter. FMR LLC boosted its holdings in O2Micro International by 19.2% in the 2nd quarter. FMR LLC now owns 800,400 shares of the electronics maker’s stock worth $1,473,000 after buying an additional 128,800 shares during the last quarter. Essex Investment Management Co. LLC acquired a new stake in O2Micro International in the 3rd quarter worth about $135,000. Finally, Renaissance Technologies LLC boosted its holdings in O2Micro International by 2.9% in the 2nd quarter. Renaissance Technologies LLC now owns 2,076,400 shares of the electronics maker’s stock worth $3,813,000 after buying an additional 58,500 shares during the last quarter. Institutional investors own 40.56% of the company’s stock.

OIIM stock opened at $1.70 on Wednesday. O2Micro International has a 12-month low of $1.30 and a 12-month high of $2.40. The stock has a market capitalization of $44.17 million, a P/E ratio of 19.11 and a beta of 0.62.

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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