OmniVision Paints a Pretty Picture

2/29 - "In the just-reported quarter, OmniVision's management thought they were stealing market share from the other guys, and with new products on the way, that's a trend they'd like to continue...Net income was $0.40 per diluted share on $225 million in sales. Those numbers skim the low end of management's revenue guidance, but skipped over the top of the official earnings forecast."

"More importantly, after many delays, the company's much-vaunted TrueFocus technology will soon hit the streets. Cameras built around those chips will be able to auto-focus instantly and with unlimited depth of field, because it's all done digitally rather than by moving lenses around...If OmniVision executes that launch properly and lands attractive customers, it could be a major consumer hit and growth driver."