Investing.com - O2Micro reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O2Micro announced earnings per share of $0.11 on revenue of $22.24M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $20.15M.
O2Micro shares are up 254.86% from the beginning of the year, still down 3.61% from its 52 week high of $6.44 set on October 23. They are outperforming the Nasdaq which is up 21.36% from the start of the year.
O2Micro shares gained 14.36% 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 Thursday, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.98B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar