Himax Technologies (HIMX) Responds to Recent Sell-Off; Reiterates Positive Outlook in 2016

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Himax (HIMX): Growth Has Returned: But For How Long - Oppenheimer

May 13, 2016 6:41 AM EDT

Oppenheimer 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