Investing.com - O2Micro reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
O2Micro announced earnings per share of $0.14 on revenue of $23.2M. Analysts polled by Investing.com anticipated EPS of $0.125 on revenue of $23.27M.
O2Micro shares are up 14.16% from the beginning of the year, still down 6.84% from its 52 week high of $11.25 set on January 22. They are outperforming the Nasdaq which is up 6.9% from the start of the year.
O2Micro follows other major Technology sector earnings this month
O2Micro's report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
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