O2Micro International Limited (NASDAQ:OIIM) – Stock analysts at Zacks Investment Research lowered their FY2017 earnings estimates for O2Micro International Limited in a report issued on Wednesday. Zacks Investment Research analyst L. Thompson now anticipates that the electronics maker will post earnings per share of ($0.23) for the year, down from their prior forecast of ($0.11). Zacks Investment Research also issued estimates for O2Micro International Limited’s Q4 2017 earnings at ($0.07) EPS and FY2018 earnings at ($0.16) EPS.

O2Micro International Limited (NASDAQ:OIIM) last posted its quarterly earnings data on Thursday, August 3rd. The electronics maker reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The business had revenue of $14.51 million for the quarter, compared to analyst estimates of $15.07 million. O2Micro International Limited had a negative return on equity of 4.02% and a negative net margin of 6.99%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.06) earnings per share.

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A number of other equities analysts have also commented on OIIM. ValuEngine lowered O2Micro International Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Northland Securities reiterated a “hold” rating and issued a $3.50 price objective on shares of O2Micro International Limited in a research note on Friday.

O2Micro International Limited (NASDAQ OIIM) opened at $1.79 on Monday. O2Micro International Limited has a 12 month low of $1.45 and a 12 month high of $2.80.

Several institutional investors have recently bought and sold shares of the company. Essex Investment Management Co. LLC increased its stake in shares of O2Micro International Limited by 18.5% in the third quarter. Essex Investment Management Co. LLC now owns 365,531 shares of the electronics maker’s stock worth $647,000 after purchasing an additional 57,161 shares during the period. White Pine Capital LLC grew its position in O2Micro International Limited by 30.4% during the second quarter. White Pine Capital LLC now owns 465,864 shares of the electronics maker’s stock worth $913,000 after buying an additional 108,725 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in O2Micro International Limited by 1.4% during the first quarter. Renaissance Technologies LLC now owns 2,061,000 shares of the electronics maker’s stock worth $4,720,000 after buying an additional 27,700 shares in the last quarter. Institutional investors and hedge funds own 39.15% of the company’s stock.

O2Micro International Limited Company Profile

O2Micro International Limited designs, develops and markets power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. The Company’s power management products include integrated circuits (ICs) for liquid crystal display (LCD) and light emitting diode (LED) lighting; control and monitoring of battery charging and discharging; direct current (DC)/DC and alternating current (AC)/DC conversion, and provide select and switch functionality between power sources.

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