OIIM - OIIM STOCK NEWS

O2Micro reported Q1 2022 revenue of $21.6 million, a 6.9% decline year-over-year. The GAAP net income for the quarter was $915,000, or $0.03 per fully diluted ADS, down from $2.5 million or $0.08 in Q1 2021. The company anticipates Q2 2022 revenue between $20.5 million and $22.7 million. Gross margin improved to 52.6% compared to 51.6% a year prior. However, operating expenses rose to $10.5 million, increasing the operating margin to 3.9% from 10.2% in the previous year.

O2Micro International Limited (NASDAQ: OIIM) will announce its financial results for the first quarter ending March 31, 2022, on May 6, 2022. The event will be followed by a conference call at 6:00 a.m. Pacific Time, where participants can join via specific dial-in numbers. A live webcast will be available on the company's website, with an online replay accessible for one week post-call. O2Micro, founded in 1995, specializes in power management components across various markets, including automotive and industrial.

O2Micro International Limited (NASDAQ: OIIM) has announced that its special committee retained Needham & Company as an independent financial advisor and Skadden, Arps, Slate, Meagher & Flom as legal counsel. This decision is part of their review of a preliminary non-binding proposal from FNOF Precious Honour Limited dated March 14, 2022. The company cautions shareholders that no decisions have been made regarding the proposal, and definitive agreements may not occur. The announcement underlines potential uncertainties surrounding the transaction.

O2Micro International Limited (NASDAQ: OIIM) announced that its board received a preliminary non-binding proposal from FNOF Precious Honour Limited to acquire all outstanding shares at US$5.50 per ADS and US$0.11 per ordinary share in cash. The board has formed a special committee of independent directors to evaluate the proposal but has not made any decisions. There is no assurance that a definitive offer will be made or that the transaction will be completed. The company emphasizes that this is an initial proposal, and no updates will be given unless legally required.

O2Micro International Limited (NASDAQ: OIIM) announced the grant of a patent for advanced battery pack management. This patent, issued under China Patent No. ZL201910054748.2 on March 16, 2021, entails systems and methods to efficiently manage battery charging and discharging for multiple loads. The technology includes a battery controller with three driving pins connected to charge and discharge switches, enhancing safety and functionality. Dr. Guoxing Li, VP of Advanced Technology, highlighted the invention's role in providing effective battery management solutions.

Anebulo Pharmaceuticals (NASDAQ: ANEB) reported financial results for Q2 FY2022, highlighting a net loss of $1.1 million or $(0.05) per share, compared to a loss of $0.3 million or $(0.03) in Q2 FY2021. Operating expenses rose to $1.1 million from $0.3 million year-on-year. The company initiated a Phase 2 study of ANEB-001 for acute cannabinoid intoxication, expects topline results in H1 2022, and discussed clinical development with the FDA. The firm holds $18.0 million in cash as of December 31, 2021, down from $19.9 million in June 2021.

O2Micro International Limited (NASDAQ: OIIM) reported Q4 2021 revenue of $24.4 million, marking a 4.9% increase year-over-year. The GAAP net income fell to $2.8 million or $0.09 per fully diluted ADS, down from $4.4 million or $0.14 a year ago. The company anticipates Q1 2022 revenue between $20.0 million and $22.0 million. O2Micro ended Q4 with $50.0 million in cash and investments, emphasizing ongoing demand in various sectors.

O2Micro International Limited (NASDAQ: OIIM) announced the grant of a significant patent for a system and method to drive a light source, issued under Taiwan Patent No. I732536 on July 1, 2021. This patent includes 11 claims related to a power converter and control circuitry that ensures effective system power management by generating control signals based on voltage feedback. Dr. Yung Lin highlighted the invention's cost-effectiveness in managing power where both regulated DC output and LED drivers are used.

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.