Lisa Thompson
Growth at reasonable price, research analyst, tech, small-cap

O2Micro: The Turnaround Continues With Exciting New Products

Q1 2014 Makes Good Progress to Profits

O2 Micro (NASDAQ:OIIM) beat its lowered numbers today, especially on an earnings basis. The company reported revenue of $16.5 million at the upper end of its $15.5-16.5 million guidance. This is versus $17.3 million last March which is a decline of 5%, and is down sequentially from $19.1 in Q4 2013. The company had lowered guidance due to both continued weakness in PCs and notebook computers and TVs, and the delay of orders for product that was to go into LED lighting. This new product required the customer to redesign its circuit board layout, and this redesign was not completed when expected. This has been resolved and the product is now...

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