02micro (OIIM) Misses Q4 EPS by 1c
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O2Micro Reports Fourth Quarter and Yearly 2017 Financial Results
January 31, 2018 6:00 AM ESTGEORGE TOWN, Grand Cayman, Jan. 31, 2018 (GLOBE NEWSWIRE) --
Operational and Strategic Highlights:
Q4 2017 results were within the range of guidance provided in November 2017.Fiscal 2017 revenue increased 6.4% over fiscal 2016.GAAP net loss per ADS in the fourth quarter of 2017 was 7 cents, with non-GAAP net loss of 6 cents per ADS.Due to market seasonality, revenue in Q1 2018 is expected to range between -2% and -8% compared to Q4 2017.We remain optimistic about our growth drivers including backlighting, battery management and power products.O2Micro® International... More
