O2Micro Reports First Quarter 2016 Financial Results

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02micro (OIIM) Tops Q1 EPS by 2c

May 4, 2016 8:39 AM EDT

02micro (NASDAQ: OIIM) reported Q1 EPS of ($0.08), $0.02 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $13 million versus the consensus estimate of $13.15 million.

Lower operating expense levels reflect cash breakeven level estimate of $16.5-$17.5 million and new... More