Himax Technologies (NASDAQ:HIMX) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.02-0.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.03. The company issued revenue guidance of +0-5% Q/Q to $188.4-198 million, compared to the consensus revenue estimate of $194.95 million.Himax Technologies also updated its Q4 2018 guidance to $0.02-0.04 EPS.
HIMX stock opened at $4.41 on Friday. Himax Technologies has a 12 month low of $4.32 and a 12 month high of $13.95. The stock has a market capitalization of $932.80 million, a price-to-earnings ratio of 27.56, a PEG ratio of 32.52 and a beta of -0.27.
Himax Technologies (NASDAQ:HIMX) last released its earnings results on Thursday, November 8th. The semiconductor company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. Himax Technologies had a net margin of 3.66% and a return on equity of 6.12%. The firm had revenue of $188.40 million for the quarter, compared to analyst estimates of $188.20 million. During the same period last year, the firm earned $0.05 EPS. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. On average, equities research analysts predict that Himax Technologies will post 0.01 earnings per share for the current year.
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About Himax Technologies
Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies worldwide. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.
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