Himax Technologies (HIMX) Tops Q1 EPS by 3c
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Himax Technologies, Inc. Reports First Quarter 2023 Financial Results; Provides Second Quarter 2023 Guidance
May 11, 2023 6:25 AM EDTQ1 2023 Revenues and EPS Beat Guidance, Gross Margin Within Guidance Range Issued on February 9, 2023Company Q2 2023 Guidance: Revenues to Flat to Down 9.0% QoQ, IFRS Gross Margin is Expected to be 20.0% to 21.0%, IFRSÂ Profit per basic ADS to be around -2.9 Cents to 0.6 Cents; Non-IFRS Profit per Diluted ADS to be around 0.1 Cents to 3.6 Cents
Q1 2023 revenues were $244.2M, a decrease of 6.9% QoQ, markedly exceeding guidance of a decrease of around 12.0% to 17.0%. Q1 GM reached 28.1%Q1... More