Himax Technologies (HIMX) Tops Q2 EPS by 1c

Go back to Himax Technologies (HIMX) Tops Q2 EPS by 1c

Himax Technologies, Inc. Reports Second Quarter 2022 Financial Results; Provides Third Quarter 2022 Guidance

August 11, 2022 6:20 AM EDT

Q2 2022 Revenues, Gross Margin and EPS are in line with Updated Guidance on June 20, 2022Company Q3 2022 Guidance: Revenues to Decrease 35% to 39% QoQ, Non-IFRS Gross Margin is Expected to be 35.5% to 37.5%, Non-IFRS Profit per Diluted ADS to be around 11.6 Cents to 15.6 Cents

Q2 2022 revenues was $312.6M, a decrease of 24.3% QoQ. Q2 GM reached 43.6%Q2 2022 non-IFRS after-tax profit was $76.8M, or 43.9 cents per diluted ADS, compared to $121.9M, or 69.7 cents last quarterCompanys Q3 2022 revenues to decrease 35% to 39% QoQ. Non-IFRS GM around 35.5% to 37.5%. Non-IFRS... More