O2 Micro Int'l Lowers Q2 Guidance

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6/29/2012 5:15 PM ET

O2 Micro International Ltd (OIIM: Quote) Friday lowered its revenue guidance for the second quarter, amid weak demand in company's end markets.

Second-quarter revenues is currently forecast in the range of $27.9 million to $28.5 million, down from $30.3 million to $31.8 million, reported previously.

Gross margin for the quarter is now expected to range between 55 percent and 56 percent.

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