Himax Technologies (HIMX) Tops Q1 EPS by 1c; Guides Q2 EPS Below Views

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Himax Technologies, Inc. Reports First Quarter 2015 Financial Results and Provides Second Quarter 2015 Guidance

May 14, 2015 5:00 AM EDT

Company Meets Q1 Revenue, Gross Margin, and EPS Guidance

Provides Second Quarter 2015 Guidance Revenue to Decline 5% to 9% Sequentially, Gross Margin to Decline about 2% and GAAP EPS to be 4.0 to 5.0 cents

Net revenue decreased 8.0% year-over-year to $179.0 million. Gross margin for the quarter reached 25.7%, an increase of 1.0% year-over-year and sequentially. Large-sized panel driver sales increased by 18.4% year-over-year, representing 32.2% of... More

Himax Technologies, Inc. Reports First Quarter 2015 Financial Results and Provides Second Quarter 2015 Guidance

May 14, 2015 5:00 AM EDT

Company Meets Q1 Revenue, Gross Margin, and EPS Guidance

Provides Second Quarter 2015 Guidance Revenue to Decline 5% to 9% Sequentially, Gross Margin to Decline about 2% and GAAP EPS to be 4.0 to 5.0 cents

Net revenue decreased 8.0% year-over-year to $179.0 million. Gross margin for the quarter reached 25.7%, an increase of 1.0% year-over-year and sequentially. Large-sized panel driver sales increased by 18.4% year-over-year, representing 32.2% of... More