Himax Technologies Inc reports results for the quarter ended in June - Earnings Summary

Himax Technologies

11/08/2023 16:44

* Himax Technologies Inc  HIMX.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of one cent per share.
    * Revenue fell 24.8% to $235.03 million from a year ago;
analysts
expected $235.60 million. 
    * Himax Technologies Inc's reported EPS for the quarter was
1
cent​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Himax Technologies Inc shares had fallen by 3.0% this
quarter and gained 5.5% so far this year.
    * The company reported quarterly net income of $888
thousand.
    * Wall Street's median 12-month price target for Himax
Technologies Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 03:44 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.01           0.01           Met
 Mar. 31 2023      0.08           0.09           Beat
 Dec. 31 2022      0.22           0.24           Beat
 Sep. 30 2022      0.14           0.17           Beat