Himax Technologies, Inc. Reports First Quarter 2017 Financial Results and Provides Second Quarter 2017 Guidance
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Himax Technologies (HIMX) Misses Q1 EPS by 2c; Guides Below Views
May 11, 2017 6:03 AM EDTHimax Technologies (NASDAQ: HIMX) reported Q1 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $155.2 million versus the consensus estimate of $162.1 million.
GUIDANCE:
Himax Technologies sees Q2 2017 EPS of ($0.01)-$0.00, versus the consensus of $0.05. Revenues to be down around 5.0% to flat sequentially, versus consensus of up sequentially.
Our first quarter revenue, gross margin and GAAP earnings per diluted ADS all met our guidance previously issued on February 16th, said Mr. Jordan Wu, President and Chief Executive Officer of Himax. The decline in... More
