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Analog/security chipmaker O2Micro (OIIM) warns it expects Q3 revenue of $22M-$23.1M, below prior...

Analog/security chipmaker O2Micro (OIIM) warns it expects Q3 revenue of $22M-$23.1M, below prior guidance of $24.1M-$26M and a consensus of $24.8M. The company blames "broad-based weakness in demand in the company's end markets," and claims customers are working through excess inventory. Chalk this up as another negative datapoint for the chip industry. (SIA data) (FBR)
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