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Himax Technologies (HIMX) Tops Q1 EPS by 3c, Offers Q2 Guidance

May 6, 2021 6:44 AM

Himax Technologies (NASDAQ: HIMX) reported Q1 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $309 million versus the consensus estimate of $299.17 million.

GUIDANCE:

Himax Technologies sees Q2 2021 EPS of $0.54-$0.60, versus the consensus of $0.30.

The Company is providing the following financial guidance for the second quarter of 2021:
Net Revenue:To increase by 15% to 20% sequentially
Gross Margin:To be 45.5% to 47.5%, depending on final product mix
IFRS Profit:To be 54.0 cents to 60.0 cents per diluted ADS
Non-IFRS Profit (1):To be 54.2 cents to 60.2 cents per diluted ADS

For earnings history and earnings-related data on Himax Technologies (HIMX) click here.

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