Form 6-K Himax Technologies, Inc. For: Nov 12
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Oppenheimer Sidelined on Himax (HIMX); Says Q3 Results Mixed, Margins Need Improvement
November 13, 2015 6:40 AM ESTOppenheimer affirms Himax (Nasdaq: HIMX) with a Perform rating following Q3 results and outlook issued Thursday.
Analyst Andrew Uerkwitz commented, Although top-line performance was stronger than expected, margin took a hit due to panel pricing pressure. This higher revenue/margin... More
Himax Technologies (HIMX) Reports In-Line Q3 EPS; Issues Business Update
November 12, 2015 6:17 AM ESTHimax Technologies (NASDAQ: HIMX) reported Q3 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $165.6 million versus the consensus estimate of $156.79 million.
Business Updates
The past three quarters have been marked by macro uncertainties and soft demand across consumer electronics in general. Amidst the unfavorable market environment, Himax continues to solidify its leading position through technology advancement and customer engagement. In the meantime, the Company is still working closely with top tier partners in developing products which are exploring new frontiers of... More
