O2Micro International Q4 Earnings, Revenue Rise
07:40 AM EST, 02/05/2021 (MT Newswires) -- O2Micro International (OIIM) reported premarket Friday a net income of $0.14 per American depositary share in Q4 compared with $0.07 per ADS a year earlier.
Operating revenue totaled $23.2 million, up from $17.9 million last year.
The integrated circuits maker said it ended the most recent quarter with $47.8 million in unrestricted cash and short-term investments.
"Strong rising demand for backlighting products for monitors, televisions, notebooks, and tablets continued their upward trend through Q4, while revenue from our battery products also grew strongly across all sectors as our proprietary mixed signal designs enriched cordless appliances, UPS, energy storage, transportation, and power tools," said Chairman and CEO Sterling Du.
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