ADRs End Higher
February 05 2021 - 4:51PM
Dow Jones News
By Allison Prang
International stocks trading in New York climbed Friday.
O2Micro International Ltd. and Sanofi SA were among the
companies with ADRs that traded actively.
The S&P/BNY Mellon index of American depositary receipts
rose 0.7% to 165.4. The European index increased 0.1% to 129.53,
the Asian index improved 1.1% to 256.95, the Latin American index
rose 1.8% to 191.39 and the emerging markets index increased 0.7%
to 455.94.
ADRs of O2Micro International fell 13% to $9.16. The Grand
Cayman-based power management components company reported
fourth-quarter results Friday morning. Operating revenues rose 30%
to $23.2 million. Net income at O2Micro was $4.4 million, up from
$1.8 million a year earlier. Earnings were 14 cents per ADS, up
from 7 cents a year earlier. The company said it is expecting
between $22.3 million and $24.6 million in revenue for its first
quarter.
ADRs of Sanofi added 2.3% to $48.21. The pharmaceutical company
reported that sales fell in the fourth quarter, but it also logged
a profit. Sanofi is guiding for a high-single-digit increase at
constant exchange rates in business earnings per share this
year.
--Cecilia Butini contributed to this article.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
February 05, 2021 16:36 ET (21:36 GMT)
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