Investing.com - O2Micro reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O2Micro announced earnings per share of $0.12 on revenue of $27.27M. Analysts polled by Investing.com anticipated EPS of $0.0967 on revenue of $26.93M.
O2Micro shares are down 33.55% from the beginning of the year, still down 45.78% from its 52 week high of $11.25 set on January 22. They are under-performing the Nasdaq which is up 19.76% from the start of the year.
O2Micro shares lost 1.13% in intra-day trade following the report.
O2Micro follows other major Technology sector earnings this month
O2Micro's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.24 on revenue of $83.36B, compared to forecasts EPS of $1.23 on revenue of $84.85B.
Alphabet C had beat expectations on Tuesday with third quarter EPS of $27.99 on revenue of $65.12B, compared to forecast for EPS of $23.84 on revenue of $63.47B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar