O2Micro International Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013
For the year, the company reported revenues of $73.8 million compared to revenues of $97.7 million a year ago. Loss from operations was $20.5 million compared to a loss from operations of $28.0 million a year ago. Pretax loss from continuing operations was $18.1 million in 2013, compared to a pretax loss from continuing operations of $25.6 million in 2012. GAAP net loss in 2013 was $19.1 million, compared to a GAAP net loss of $25.8 in 2012. The corresponding GAAP net loss per fully diluted ADS was $0.67 in 2013, compared to a GAAP net loss per fully diluted ADS of $0.83 in 2012. Loss from continuing operations was $19.1 million compared to loss of $26.7 million a year ago. Loss from continuing operations was $0.67 per basic and diluted share compared to $0.86 per basic and diluted share a year ago.