02micro (OIIM) Tops Q2 EPS by 5c
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O2Micro Reports Second Quarter 2016 Financial Results
August 3, 2016 8:00 AM EDTGEORGE TOWN, Grand Cayman, Aug. 03, 2016 (GLOBE NEWSWIRE) --
Operational and Strategic Highlights:
O2Micro reports non-GAAP net loss per fully diluted ADS of $0.06 and GAAP net loss per fully diluted ADS of $0.08.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 2016.Revenue from battery management products now anticipated to reach 20-25% of projected 2016 revenue in the second half of this year, expected to become second largest product line in 2016.Expects... More