02micro (OIIM) Tops Q3 EPS by 3c, Beats on Revenues

02micro (NASDAQ: OIIM) reported Q3 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $15.5 million versus the consensus estimate of $15.2 million.

Operational and Strategic Highlights:

• Q3 2017 results were within the range of guidance provided in August 2017.
• GAAP Net Loss per ADS in the third quarter of 2017 was 5 cents, with non-GAAP Net Loss of 4 cents per ADS.
• Revenue in the fourth quarter of 2017 is expected to range between -5% and +5% compared to Q3 2017.
• Continued strong design activities in Q3 2017, which is expected to remain robust into Q4.

For earnings history and earnings-related data on 02micro (OIIM) click here.

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