O2Micro International Ltd. (OIIM) Post Q2 GAAP Loss of $0.12/Share
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O2Micro International Ltd. (NASDAQ: OIIM) reported Q2 GAAP EPS of ($0.12), which may note compare to the analyst estimate of ($0.08). Revenue for the quarter came in at $17.4 million versus the consensus estimate of $17.65 million.
"Our second quarter results demonstrate our commitment to revenue growth, diversification and represent continued acceptance of our new products through solid design win activity and market share gains," said Sterling Du, O2Micro's Chairman and CEO. "Revenue grew 6% sequentially and we have great confidence in our carefully chosen growth drivers including LED general lighting, backlighting, battery management and power management. We continue to believe that these drivers will contribute to top-line growth in upcoming quarters and lead O2Micro back to profitability in the near future."
For earnings history and earnings-related data on O2Micro International Ltd. (OIIM) click here.
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