|Bid||1.30 x 470000|
|Ask||1.37 x 470000|
|Day's Range||1.35 - 1.35|
|52 Week Range||1.21 - 2.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While this quarter was on target, the revenue shortfall expected for Q4 is exacerbated by an increase in operating expenses both sequentially and year over year. While there are now Bluetooth connected tool batteries that work with an app, the industry is moving to more highly sophisticated Internet of Things applications.
If you are looking to invest in O2Micro International Limited’s (NASDAQ:OIIM), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
O2Micro (OIIM) reported Q2 2017 revenues of $14.5 million at the low end of its guidance and below the $15 million we expected. The company projects cash breakeven can be reached at $15.5 - 17 million in quarterly revenues and profitability at $17-19 million. Operating expenses in the quarter were $8.9 million versus $8.8 million last year.
Today O2Micro again reported quarterly revenues and earnings slightly better than our estimate. The company had given revenue range guidance of $14.3 to $15.1 million. Gross margin was 52.7%, much higher than last year’s 48.8%.
Since our last report earlier this month, when O2Micro (OIIM) raised guidance for this just reported Q4, its stock has moved up 43%. Were we to use the average enterprise value to trailing twelve-month sales of 5.5 times and apply it to OIIM’s Q4 $64 million revenue run rate, we would calculate an enterprise value of $352 million. Today O2Micro reported its Q4 2016 quarter today and actuals were better than our estimate.