Himax Technologies Q4 Earnings, Revenue Fall; Q1 Guidance Set -- Shares Down Pre-Bell
MT Newswires Live
Feb 12
Himax Technologies (HIMX) reported Q4 earnings Thursday of $0.036 per diluted American depositary share, down from $0.140 a year earlier.
Two analysts polled by FactSet expected $0.04.
Revenue for the quarter ended Dec. 31 was $203.1 million, compared with $237.2 million a year earlier.
A single analyst surveyed by FactSet expected $199.2 million.
For Q1, the company expects earnings of $0.02 to $0.04 per diluted ADS. Two analysts polled by FactSet expect $0.06.
Himax said it expects net revenue for the quarter to decline by 2% to 6% sequentially.
The company's shares were down 3% in recent premarket activity.
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