Himax Technologies, Inc. Reports First Quarter 2014 Financial Results and Provides Second Quarter 2014 Guidance
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Himax Technologies (HIMX) Posts Q1 EPS of 9c; Guides Q2; Offers Update
May 8, 2014 6:17 AM EDTHimax Technologies (NASDAQ: HIMX) reported Q1 EPS of $0.09, versus the analyst estimate of $0.09. Revenue for the quarter came in at $194.6 million versus the consensus estimate of $194.2 million.
Business Updates
In Himax's large panel, driver IC business, the Company believes driver ICs for TVs will be the main growth product in this segment and offsetting any softness of notebooks and monitors ICs. The reason for the growth in large panel driver IC's for TVs are attributed to new customers, increased TV sales in China, and 4K TVs rolling off production lines. Though this... More
