Himax Technologies: Gains as prelim Q1 revenue tops estimates

Himax Technologies

07/04/2021 10:59

** Shares of Taiwan-based chipmaker  HIMX.O  rise as much as
1.94% to $14.72 premarket
    ** Co posts prelim Q1 rev of $309 mln, handily beating
Refinitiv IBES est of $$184.9 mln  urn:newsml:reuters.com:*:nGNXbZpntW 
    ** Looking into the second quarter, the demands remain
robust and the global semiconductor shortage has not shown signs
of receding- President and CEO Jordan Wu
    ** Q1 revenue, gross margin and earnings per share all hit
new records, surpassing our prior highs in Q4 - HIMX
    ** Up to last close, stock up ~95% this year 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))