Himax Technologies (NASDAQ: HIMX) reported Q2 EPS of $0.142, slightly above the analyst estimate of $0.14. Revenue for the quarter came in at $196.4 million versus the consensus estimate of $194.95 million.

Himax Technologies sees Q3 2014 EPS of $0.102-$0.117, versus the consensus of $0.10. The said revenues will be up 10%-15%, as compared to the second quarter of 2014, representing an increase of around 12.1% -17.1% from Q3 2013.

"We are pleased to report another quarter of our financial performance meeting our guidance for revenues, gross margin and EPS", stated Mr. Jordan Wu, President and Chief Executive Officer of Himax. "Though our Q2 operational result was not as strong as those of the past years mostly due to a significant inventory correction of a major Korean end customer, as we reported during our last earnings call. However, as we entered into the third quarter, we are seeing strong growth in all of our product segments, including large panel driver ICs, small and medium driver ICs and non-driver IC businesses. We are also seeing demand from our major Korean end customer rebounding strongly. We believe the strategies we put in place years ago to diversify our customer base and product segments provide us a level of insulation not enjoyed by many of our competitors. We remain excited about our growth opportunities in all of our product segments, including our core business segment in display drivers for large, small and medium-sized panels."

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