Monday, December 3, 2012

OmniVision Technologies - Shares Are Attractive As Margins Might Have Bottomed


Shares of OmniVision Technologies (OVTI) fell 5% in Friday's trading session. The designer and developer of integrated image sensor devices reported its second quarter results of its fiscal 2013 on Thursday after the market close.
Second Quarter Results
OmniVision reported second quarter revenues of $390.1 million, up 79.0% on the year before. Revenues rose 51.1% compared to first quarter revenues. Second quarter revenues beat analysts consensus of $374.6 million.
Read the entire article on Seekingalpha by clicking the following link

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