|Bid||1.3000 x 900|
|Ask||1.7100 x 900|
|Day's Range||1.3100 - 1.3900|
|52 Week Range||1.2600 - 2.4000|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
O2Micro (OIIM) revenues for Q1 came in at $12.8 million inline with its downwardly revised guidance of $12.5 million to $13 million. Weakness in TV sales in China continues, but demand has been picking up as the inventory correction from the wafer shortages has been mostly resolved. O2Micro still expects revenues to improve in the latter half as design wins convert to ramping production, particularly in smartphones, and TV demand stabilizes.
O2Micro (OIIM) announced that it would miss its revenue guidance for Q1 2019, which had been a range of down 12%, plus or minus 4% sequentially, with a midpoint for revenues of $14.7 million, which would have been be up 4% over last year. Weakness is mainly in TVs but all products, such as power tools, that experienced wafer shortages last year have been affected. Due to the shortages, customers over ordered as they were on allocation and once supply caught up to demand, they were left with too much inventory.
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O2Micro (OIIM) reported Q4 2018 revenues of $16.6 million, down slightly sequentially, but still up 9.0% year over year and within the range of guidance. For Q1 2019, the company is guiding to midpoint revenues of $14.7 million, which would be up 4% over last year. Despite the industry suffering an inventory correction as supplies catch up to demand after shortages last year, O2Micro still expects to grow throughout 2019 with acceleration in the latter half as design wins convert to ramping production.
The midpoint in revenue guidance would result in revenues being up 11% from a year ago. If Q1 2019 is then sequentially flat with Q4 2018, that would show year over year growth of 19%, or four quarters in a row of accelerating revenue growth. The nine months of 2018 showed 2.5% revenue growth over the first nine months of 2017.
In this article, I will take a quick look at O2Micro International Limited’s (NASDAQ:OIIM) recent ownership structure – an unconventional investing subject, but an important one. A company’s ownership structureRead More...
O2Micro (OIIM) reported Q2 2018 revenues of $15.2 million, up 8% sequentially, and 5% year over year and within the range of guidance of up 2-10%. The company returned to growth after two down quarters. The midpoint in revenue guidance would result in revenues being up 8% from a year ago.