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O2Micro to Announce Fourth Quarter 2021 Results and Revises Fourth Quarter 2021 Financial Guidance

O2Micro International Limited (NASDAQ: OIIM) will report its Fourth Quarter financial results on January 26, 2022.

(Moderate)

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Rhea-AI Summary

O2Micro International Limited (NASDAQ: OIIM) will report its Fourth Quarter financial results on January 26, 2022. The company has revised its revenue guidance for this quarter, now expecting approximately $24 million due to short-term supply chain issues with a wafer supplier impacting its Intelligent Lighting product lines. A conference call will be held at 6:00 a.m. (Pacific) to discuss these results, and a live webcast will be available on their website.

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Positive

  • Scheduled financial results announcement for Q4 2021.
  • Revenue guidance of $24 million indicates potential stability despite supply chain issues.

Negative

  • Revised revenue guidance due to supply chain issues may indicate operational challenges.
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News Market Reaction – OIIM

The recorded move for OIIM in the trading session of this news was -0.67%.

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GEORGE TOWN, Cayman Islands, Jan. 04, 2022 (GLOBE NEWSWIRE) -- O2Micro® International Limited (NASDAQ: OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, will announce its financial results for the Fourth Quarter ending December 31, 2021, on Wednesday, January 26, 2022.

O2Micro also revised its guidance for the Fourth Quarter of 2021 and now expects revenue to be in the range of $24 million primarily due to short term supply chain issues with one of the wafer suppliers supporting their Intelligent Lighting product lines.

The press release will be followed by a conference call at 6:00 a.m. (US Pacific), 9:00 a.m. (US Eastern). You may participate using the following dial-in information:

Conference Code: 3331619
Participants, Int'l Toll: +1 323-701-0160
Participants, US/CAN: 800-289-0720

A live webcast will also be available on the Company's website at http://ir.o2micro.com, and an online replay will be available on the website for one week.

The Call-in Audio Replay will be available following the call from Jan 26, 2022, at 12:00PM Eastern Time (US & Canada) through February 9, at 12:00PM Eastern Time (US & Canada)
https://events.globalmeet.com/Public/WebRegistration/ZW5jPXNhQWNoekF6VkljSFQ2ZjhvVWZhZTBXQjZzU0ZBaU9DNFIzcUF2RFcrcSt3WU5HZTN0M3lzQ1dnd1lMOXlFSlRGMEhXSnQreGtWeEhUdFNhTnpxYXpBPT0=

About O2Micro
Founded in April 1995, O2Micro develops and markets innovative power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. Products include Backlighting, Battery Management, Power Management and LED General Lighting.

The company maintains offices worldwide. Additional company and product information can be found on the company website at www.o2Micro.com.

O2Micro, the O2Micro logo, and combinations thereof are registered trademarks of O2Micro. All other trademarks or registered trademarks are the property of their respective owners.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will O2Micro announce its financial results for Q4 2021?

O2Micro will announce its financial results on January 26, 2022.

What is O2Micro's revised revenue expectation for Q4 2021?

O2Micro expects revenue to be around $24 million for Q4 2021.

What caused O2Micro's revision in revenue guidance?

The revision is primarily due to short-term supply chain issues with a wafer supplier.

Is there a conference call scheduled regarding O2Micro's Q4 results?

Yes, a conference call is scheduled for January 26, 2022, at 6:00 a.m. Pacific.

Where can I find the live webcast of O2Micro's financial results?

The live webcast will be available on O2Micro's website.

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