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Oppenheimer Maintains Perform Rating on Himax Technologies (HIMX) Following 1Q Miss; 'Lowering Numbers as Weakness Lingers in Core Business'

May 12, 2017 3:09 PM

Oppenheimer maintains a Perform rating in Himax Technologies (NASDAQ: HIMX), following the company's first quarter earnings report.

Analyst Andrew Uerkwitz notes the company reported first quarter earnings per share and revenues below consensus projections, while sales were down across most segments, as management lowered the 2017 revenue guidance.

For an analyst ratings summary and ratings history on Himax Technologies click here. For more ratings news on Himax Technologies click here.

Shares of Himax Technologies closed at $7.25 yesterday.

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