Himax Technologies (HIMX) Posts Q1 EPS of 9c; Guides Q2; Offers Update
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Himax Technologies, Inc. Reports First Quarter 2014 Financial Results and Provides Second Quarter 2014 Guidance
May 8, 2014 4:59 AM EDTCompany Meets Q1 Revenues, Gross Margin and EPS Guidance
Provides Q2 2014 Guidance Revenues to be Flat Sequentially, GAAP EPSÂ 13.0 to 15.0 cents
Net revenues increased by 10.8% year-over-year to $194.6 million. Small and medium-sized panel driver sales and non-driver sales increased by 21.5% and 44.5% year-over-year respectively, representing 56.9% and 18.1% of total revenues in Q1 2014. Q1 2014 gross margin reached 24.7% and met guidance for the... More