02micro (OIIM) Tops Q2 EPS by 1c

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Go back to 02micro (OIIM) Tops Q2 EPS by 1c

O2Micro Reports Second Quarter 2015 Financial Results

July 30, 2015 8:01 AM EDT

GEORGE TOWN, Grand Cayman, July 30, 2015 (GLOBE NEWSWIRE)

Operational and Strategic Highlights:

Company experienced strong design activity in solutions for backlighting, general lighting, battery, smartphone and tablet markets; expecting products to continue to ramp in the second half of 2015 Anticipated higher overall gross margin levels reflect cash breakeven level estimate of $17.5-$18.5 million and profitability breakeven level estimate of $20.0-$21.0 million on a quarterly basis Expects revenue to be up approximately 2-10 percent sequentially in the third quarter of fiscal year 2015.

O2Micro® International Limited (NASDAQ:... More