Himax Technologies, Inc. Reports Third Quarter 2016 Financial Results and Provides Fourth Quarter 2016 Guidance

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Himax Technologies (HIMX) Tops Q3 EPS by 2c

November 10, 2016 6:14 AM EST

Himax Technologies (NASDAQ: HIMX) reported Q3 EPS of $0.12, $0.02 better than the analyst estimate of $0.10. Revenue for the quarter came in at $218.1 million versus the consensus estimate of $216.4 million.

Business Updates

The Company delivered solid results to achieve both top and bottom line growth during the first three quarters of the year as its driver and non-driver business segments both performed strongly.

The Company has increased market share in its core driver IC business this year and continues to solidify its leading position through technology advancement and customer engagement. With the most... More