Himax Technologies (HIMX) Reports Q1 EPS of $0.70
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Himax Technologies, Inc. Reports First Quarter 2022 Financial Results; Provides Second Quarter 2022 Guidance
May 12, 2022 6:20 AM EDTQ1 2022 Revenues, Gross Margin and EPS are in line with Guidance Company Q2 2022 Guidance: Revenues to Decrease 16% to 20% QoQ, Non-IFRSGross Margin is Expected to be 43.0% to 45.0%, Non-IFRS Profit per Diluted ADS to be around 45.0 Cents to 50.0 Cents
Historically Q1 sales are seasonally the low point of year due to the Lunar New Year holidays. This year, starting from end of February, additional factors also weighed in, mainly new lockdowns in China to contain the spread of the Omicron variant and geographical conflict erupting in... More