O2Micro (OIIM) Cuts Q4 Outlook; Cites End Market Demand Weakness
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Needham & Company Downgrades O2 Micro International (OIIM) to Hold amid Q4 Warning
December 24, 2012 8:26 AM ESTNeedham & Company downgraded O2 Micro International (NASDAQ: OIIM) from Buy to Hold.
The firm comments, "OIIM revised its Q4 revenue guidance down ~11% from its prior guide and also slightly lowered its GM guidance, down 50bps at the midpoint to 51-52%. Note this is... More
