Investing.com - O2Micro reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
O2Micro announced earnings per share of $0.0942 on revenue of $23.2M. Analysts polled by Investing.com anticipated EPS of $0.11 on revenue of $23.3M.
O2Micro shares are down 26.8% from the beginning of the year, still down 40.27% from its 52 week high of $11.25 set on January 22. They are under-performing the Nasdaq which is up 8.68% from the start of the year.
O2Micro shares lost 8.45% 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 Wednesday, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.983 on revenue of $76.71B.
Microsoft had beat expectations on Tuesday with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar