Himax Technologies Inc. (HIMX) experienced a significant pre-market plunge, with its stock falling 5.28% during the early trading session.
The sharp decline comes after the company reported its fourth-quarter and full-year 2025 financial results. Himax's Q4 earnings per share fell to $0.04, down from $0.14 a year earlier, and revenue decreased to $203.1 million from $237.2 million. While revenue slightly beat analyst estimates, the earnings drop and a cautious outlook for the current quarter weighed on investor sentiment.
For the first quarter of 2026, the company provided guidance that fell short of expectations, anticipating revenue to decline by 2% to 6% sequentially and earnings per share in the range of $0.02 to $0.04, below the analyst consensus of $0.06. Management indicated that market conditions remain under pressure and expects Q1 to be the trough of the year.