OmniVision Technologies Inc. (OVTI) reported third quarter adjusted net income of $0.56 per share after the bell Thursday, up from $0.13 per share last year. The consensus estimate was for EPS of $0.41. The company expects to report fourth quarter EPS of $0.14 to $0.29, which is below the consensus estimate of $0.32.
OmniVision Technologies gapped open lower Friday, but recovered some ground during the first hour of trade. The stock finished down by 1.80 at $13.61, with volume at a 6-month high. OmniVision dropped to a 2-month low and fell below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.