Himax surges as prelim Q3 revenue above Street estimate

Himax Technologies

06/10/2020 11:27

** Shares of Taiwan-based chipmaker  HIMX.O  rise 9.5% to
$3.79 premarket, set for best day since late-June
    ** Co announces prelim Q3 rev of $239.9 mln, above Refinitiv
est of $175.3 mln  urn:newsml:reuters.com:*:nGNXYYw80
    ** Q3 rev, gross margin and EPS all exceed outlook issued on
Aug. 6 - HIMX
    ** Seeing continued strong business momentum across all our
major business sectors in Q4 - Jordan Wu, President and CEO
    ** Stock set for its strongest open since mid-September
    ** Stock up ~30% this year, as of last close

 (Reporting by Ambar Warrick in Bengaluru)
 ((Ambar.Warrick@thomsonreuters.com; +91-80-6182-2837; Reuters
Messaging: ambar.warrick.thomsonreuters.com@reuters.net;
Twitter: @AmbarWarrick))