Himax Technologies, Inc. Reports Third Quarter 2020 Financial Results; Provides Fourth Quarter 2020 Guidance
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Himax Technologies (HIMX) Tops Q3 EPS by 4.3c, Revenues Beat; Offers 4Q EPS Guidance Above Consensus
November 12, 2020 6:00 AM ESTHimax Technologies (NASDAQ: HIMX) reported Q3 EPS of $0.073, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $239.9 million versus the consensus estimate of $215.22 million.
Gross margin expansion has always been at the top of our agenda and we will surely work hard toward continuous profitability improvement. The upbeat Q4 gross margin guidance is mainly a reflection of the tight foundry capacity which results in better pricing and more favorable product mix, said... More
