Investing.com - O2Micro reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O2Micro announced earnings per share of $0.03 on revenue of $21.6M. Analysts polled by Investing.com anticipated EPS of $0.00 on revenue of $21.13M.
O2Micro shares are down 30.02% from the beginning of the year, still down 60.57% from its 52 week high of $8.04 set on August 2, 2021. They are under-performing the Nasdaq which is down 21.27% from the start of the year.
O2Micro follows other major Information Technology sector earnings this month
O2Micro's report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar