Investing.com - O2Micro reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O2Micro announced earnings per share of $0.1165 on revenue of $26.21M. Analysts polled by Investing.com anticipated EPS of $0.1 on revenue of $24.1M.
O2Micro shares are down 18.74% from the beginning of the year and are trading at $7.460 , down-from-52-week-high.They are under-performing the Nasdaq which is up 13.84% from the start of the year.
O2Micro shares gained 5.07% in intra-day trade the report.
O2Micro follows other major Technology sector earnings this month
O2Micro's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Snap had beat expectations on Thursday, July 22, 2021 with second quarter EPS of $-0.1 on revenue of $982.11M, compared to forecast for EPS of $-0.1814 on revenue of $845.61M.
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