O2Micro Lowers Q3 Revenue Guidance to $22-23M, Had Seen $24.1-26M vs $24.7M Est
OMicro^® International Limited (Nasdaq: OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today revised its guidance for the third quarter of 2012. The company now expects its third quarter revenue to be in the range of $22.0 million to $23.0 million, versus previous guidance of $24.1 million to $26.0 million. In addition, gross margin for the third quarter is now expected to be 54.5% to 55.5%.
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