O2Micro International Ltd. (OIIM) now expects better second-quarter sales than it had previously thought, which has sent shares of the company higher by 8% today.

< ?DART(15);?> That's more than enough for the company to make the Zacks #1 Rank Top Performers List on a tough day that sees the Dow and NASDAQ each down by more than 2%.

OIIM develops and markets innovative power management and security components for the computer, consumer, industrial and communications markets. Its products include intelligent lighting, battery management, power management and SmartCardBus(R) products. It has almost 12,000 patent claims granted, and more than 14,000 more pending.

Q2 Sales Expected to Rise 47% Sequentially

OIIM now anticipates second-quarter revenue of $34 million. Previously, it was expecting between $26.6 million and $28.9 million.

The company said the new guidance reflects resilient demand in the LCD TV market, the continued

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