Needham & Company Downgrades O2 Micro International (OIIM) to Hold amid Q4 Warning
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O2Micro (OIIM) Cuts Q4 Outlook; Cites End Market Demand Weakness
December 21, 2012 4:07 PM ESTO2Micro International Limited (Nasdaq: OIIM) revised its guidance for the fourth quarter of 2012. The company now expects its fourth quarter revenue to be in the range of $16.0 million to $17.0 million, versus previous guidance of $17.0 million to $20.0 million. In addition, gross margin for the fourth quarter is now expected to be 51% to 52%.
The Street sees revs... More
