Equities analysts expect O2Micro International Limited (NASDAQ:OIIM) to post $16.70 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for O2Micro International’s earnings. O2Micro International reported sales of $15.52 million during the same quarter last year, which would suggest a positive year over year growth rate of 7.6%. The business is expected to report its next quarterly earnings results on Wednesday, November 7th.

According to Zacks, analysts expect that O2Micro International will report full year sales of $63.50 million for the current fiscal year, with estimates ranging from $63.30 million to $63.70 million. For the next fiscal year, analysts anticipate that the company will post sales of $69.30 million per share, with estimates ranging from $68.60 million to $70.00 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that that provide coverage for O2Micro International.

O2Micro International (NASDAQ:OIIM) last issued its quarterly earnings results on Wednesday, August 1st. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.14. O2Micro International had a return on equity of 3.17% and a net margin of 8.95%. The firm had revenue of $15.21 million for the quarter, compared to analyst estimates of $15.05 million.

OIIM has been the topic of a number of recent research reports. ValuEngine raised O2Micro International from a “strong sell” rating to a “sell” rating in a report on Thursday, May 3rd. TheStreet raised O2Micro International from a “d+” rating to a “c-” rating in a report on Wednesday, May 9th.

O2Micro International traded down $0.13, hitting $2.00, on Thursday, according to Marketbeat Ratings. 78,208 shares of the stock traded hands, compared to its average volume of 51,507. O2Micro International has a 52 week low of $1.30 and a 52 week high of $2.15. The firm has a market capitalization of $54.68 million, a price-to-earnings ratio of 21.29 and a beta of 0.08.

A hedge fund recently raised its stake in O2Micro International stock. FMR LLC lifted its holdings in O2Micro International Limited (NASDAQ:OIIM) by 19.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 800,400 shares of the electronics maker’s stock after acquiring an additional 128,800 shares during the quarter. FMR LLC owned approximately 3.12% of O2Micro International worth $1,473,000 at the end of the most recent reporting period. Institutional investors own 41.82% of the company’s stock.

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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