Himax Technologies, Inc. Reports First Quarter 2019 Financial Results and Provides Second Quarter 2019 Guidance
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Himax Technologies (HIMX) Tops Q1 EPS by 1c
May 9, 2019 6:46 AM EDTHimax Technologies (NASDAQ: HIMX) reported Q1 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $163.3 million versus the consensus estimate of $158.8 million.
Q2 2019 Outlook
Himax expects the second quarter gross margin to decline around 3% with slightly increasing revenue from the previous quarter. The Company fully realizes that this quarter mark the second consecutive quarter that it will make a bottom line loss, the first in the Companys corporate history. While Himax remain committed to its big picture strategy, Himax is actively taking measures to get back to... More
