Vimicro: A Hidden Chinese Small-Cap Gem

Video technology supplier Vimicro (Nasdaq: VIMC) delivered a strong 4Q 2014 performance in revenue and, more importantly, earnings distributable to shareholders on Wednesday, March 18. 2014 annual revenue increased by 55.7% to $100.14 million, largely driven by the SVAC-compliant technology and solution, which we believe will become the industry standard. Non-GAAP earnings per share (EPS) distributable to shareholders were ~$0.22 in 2014 vs. a net loss of $0.23 per share in 2013.