Himax Technologies, Inc. Reports First Quarter 2016 Financial Results and Provides Second Quarter 2016 Guidance
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Himax (HIMX): Growth Has Returned: But For How Long - Oppenheimer
May 13, 2016 6:41 AM EDTOppenheimer analyst, Andrew Uerkwitz, maintained his Perform rating on Himax Technologies (NASDAQ: HIMX) despite indications that growth may be improving for the company. Industry factors suggest that this quarter's improvement may be transient rather than sustainable.
Total 1Q16 revenues were up 1% Y/Y. Small-/mid-sized driver sales fell 9% Y/Y and 3% Q/Q (AMOLED driver not shipping until March, tablets... More
Himax Technologies (HIMX) Tops Q1 EPS by 1c; Offers Confident Q2 Outlook
May 12, 2016 6:49 AM EDTHimax Technologies (NASDAQ: HIMX) reported Q1 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $180.3 million versus the consensus estimate of $181.32 million.
GUIDANCE:
Himax Technologies sees Q2 2016 EPS of $0.09 - $0.11, versus the consensus of $0.07. Sees revenue up 7.5 to 12.5 percent sequentially, representing a 14.6 to 19.9 percent year-over-year growth
Business Updates
The Company provided an overview of the trends developing in the industry in its last earnings call, and illustrated how Himax could... More
