Himax Technologies, Inc. Reports Third Quarter 2024 Financial Results; Provides Fourth Quarter 2024 Guidance
Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares. (HIMX)
Last himax technologies, inc. - american depositary shares, each of which represents two ordinary shares. earnings: 2/13 05:30 am
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US:NASDAQ Investor Relations:
himax.com.tw/investors
Company Research
Source: GlobeNewswire
Q3 2024 Revenues and EPS both Surpassed Guidance while Gross Margin In Line With Guidance Range Issued on Aug. 8, 2024Company Q4 2024 Guidance: Revenues to be flat to slightly down QoQ,Gross Margin is Expected to be flat to slightly up QoQ, Profit per diluted ADS to be 9.3 Cents to 11.0 Cents Q3 2024 revenues were $222.4M, a decrease of 7.2% QoQ, yet significantly exceeded the guidance range of a 12.0% to 17.0% decrease QoQ. The better-than-expected financial results stemmed primarily from stronger order momentum in automotive, tablet and Tcon product lines. Q3 GM reached 30.0%, in line with guidance of around 30%, but down from 32.0% in Q2, mainly a result of unfavorable product mixQ3 2024 after-tax profit was $13.0M, or 7.4 cents per diluted ADS, considerably above the guidance range of 1.5 cents to 4.5 centsHimax Q4 2024 revenues to be flat to slightly down QoQ. GM to be flat to slightly up QoQ. Profit per diluted ADS to be in the range of 9.3 cents to 11.0 centsLooking ahead, Him
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- Himax Drives Innovations in Automotive Display Technology with Mass Production of Third-Gen LCD TDDI and High-End OLED Touch IC [Yahoo! Finance]Yahoo! Finance
- Himax Drives Innovations in Automotive Display Technology with Mass Production of Third-Gen LCD TDDI and High-End OLED Touch ICGlobeNewswire
- Himax Technologies' (NASDAQ:HIMX) Profits May Not Reveal Underlying Issues [Yahoo! Finance]Yahoo! Finance
- Himax Technologies, Inc. to Attend UBS Global Technology and AI Conference on December 2 – 5, 2024GlobeNewswire
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