Brief: Himax Technologies Inc Announces Updates On Second Quarter 2022 Financial Guidance

Himax Technologies

20/06/2022 13:55

June 20 (Reuters) - Himax Technologies Inc  HIMX.O :
    * HIMAX TECHNOLOGIES, INC. ANNOUNCES UPDATES ON SECOND
QUARTER
2022 FINANCIAL GUIDANCE
    * SEES Q2 2022 REVENUES TO DECREASE 22% - 27% SEQUENTIALLY,
LOWER
THAN PREVIOUS GUIDANCE OF 16% - 20% SEQUENTIAL DECLINE
    * GROSS MARGIN IN Q2 IS EXPECTED TO BE AROUND 43.0% TO
45.0%, SAME
AS PREVIOUS GUIDANCE
    * SEES Q2 2022 IFRS EARNINGS PER DILUTED ADS TO BE IN RANGE
OF
36.5 CENTS TO 41.5 CENTS
    * SEES Q2 2022 NON-IFRS EARNINGS PER DILUTED ADS TO BE IN
RANGE OF
40.0 CENTS TO 45.0 CENTS
    * IFRS EARNINGS PER DILUTED ADS IN Q2 ARE EXPECTED TO BE IN
RANGE
OF 36.5 CENTS TO 41.5 CENTS
    * HIMAX - REVISED Q2 GUIDANCE REFLECTS WEAKER MACRO
ENVIRONMENT &
SLOWING END MARKET DEMANDS, DUE TO RECENT INTEREST RATE HIKES &
INFLATIONARY PRESSURE

Source text for Eikon:  ID:nGNX7B8ZR1 
Further company coverage:  HIMX.O 

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