Himax Technologies, Inc. Reports Second Quarter 2016 Financial Results and Provides Third Quarter 2016 Guidance
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Oppenheimer Remains Sidelined on Himax Technologies (HIMX) Following Positive 2Q
August 12, 2016 8:57 AM EDTOppenheimer reiterated a Perform rating on Himax Technologies (NASDAQ: HIMX) following the company's 2Q earnings report. Total 2Q16 revenues were up 12% Y/Y. Small-/mid-sized driver sales up 9% Y/Y and 14% Q/Q. HIMX reported non-GAAP EPS of $0.12 vs. the Street's $0.10.
Analyst Andrew Uerkwitz... More
Himax Technologies (HIMX) Tops Q2 EPS by 2c; Offers Business Update, Q3 Outlook
August 11, 2016 6:46 AM EDTHimax Technologies (NASDAQ: HIMX) reported Q2 EPS of $0.12, $0.02 better than the analyst estimate of $0.10. Revenue for the quarter came in at $201.1 million versus the consensus estimate of $198.61 million.
Business Updates
The increasing momentum of the Companys large panel driver IC sales will continue to come from China and the worlds accelerating 4K TV adoption. Himaxs smartphone driver IC business has rebounded well this year, reflecting its leading position in Chinese smartphone market where the Companys end brand customers are performing strongly, and... More
