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OmniVision Profits, Revenues Dip in 2015

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Image sensor firm OmniVision Technologies Inc. reported small declines in profits and revenues in fiscal 2015. Net income for the fiscal year, which ended April 30, was $93.4 million, or $1.57 per diluted share. That's a decrease of 1.7 percent from $95 million, or $1.70 per diluted share, in fiscal 2014. Revenues for fiscal 2015 year were $1.38 billion, down 5.2 percent from $1.45 billion the previous year. "We saw a great deal of changes in our business in fiscal 2015," said CEO Shaw Hong. "Our pursuits of opportunities in emerging markets and our efforts in diversifying...Read full article

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    Published: May 2015
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