Semiconductor firm Himax Q2 revenue drops narrowly on  q-o-q basis

Himax Technologies

07/08/2025 11:02

Overview

Himax TechnologiesQ2 revenue declines 0.2% QoQ

Gross margin for Q2 improves to 31.2%

EPS for Q2 misses analyst expectations, per LSEG data

Outlook

Himax expects Q3 2025 revenues to decline 12% to 17% QoQ

Company anticipates Q3 gross margin to be around 30%

Loss per diluted ADS forecasted at 2.0 to 4.0 cents

Company notes limited impact from recent U.S. tariff announcements

Result Drivers

FAVORABLE PRODUCT MIX - Q2 gross margin improved to 31.2%, driven by favorable product mix

AUTOMOTIVE SALES - Automotive driver sales showed resilience with a 3.2% year-over-year increase despite global softness

NON-DRIVER PRODUCTS - Non-driver sales increased 14.7% QoQ, driven by higher shipments of Tcon for automotive and monitor products

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$214.80 mln
$213 mln (1 Analyst)
Q2 EPS
Miss
$0.095
$0.1 (2 Analysts)
Q2 Gross Margin
31.2%
Q2 Operating Income
$18.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Himax Technologies Inc is $10.00, about 13.7% above its August 6 closing price of $8.63

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX6pV2GN

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)