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

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Himax Technologies (HIMX) Reports In-Line Q2 EPS; Guides Q3 Below Expectations

August 7, 2015 6:12 AM EDT

Himax Technologies (NASDAQ: HIMX) reported Q2 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $169.2 million versus the consensus estimate of $172.57 million.

"We are pleased to report that our 2015 second quarter revenue, gross margin, GAAP and non-GAAP earnings per diluted ADS all met at the high end or exceeded our guidance for the quarter," stated Mr. Jordan Wu, President and Chief Executive Officer of Himax. "During our first quarter 2015 earnings call, we mentioned the industry's low visibility, especially in China's smartphone market. Yet,... More