Sneak Preview of Himax Technologies, Inc. ($HIMX) 3Q20 Earnings

Himax Technologies, Inc. (NASDAQ:HIMX) is reporting third quarter financial results on Thursday 12th November 2020, before market open.

According to analysts surveyed by Thomson Reuters, HIMX is expected to report 3Q20 income of $ 0.03 per share from revenue of $ 215.22 million.

For the full year, analysts anticipate top line of $ 804.51 million, while looking forward to income of $ 0.07 per share bottom line.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.07 ~ $ 0.07 per share, while revenues are expected in a range of $ 239.90 million ~ $ 239.90 million

Click Here For More Historical Outlooks Of Himax Technologies, Inc.

Previous Quarter Performance

Himax Technologies, Inc. unveiled income for the second quarter of $ 0.01 per share, from the revenue of $ 186.98 million. According to street consensus, HIMX was expected to report 2Q20 loss of $ 0.01 per share from revenue of $ 179.00 million. The bottom line results beat street analysts by $ 0.02 or 200.00 percent, at the same time, top line results outshined analysts by $ 7.98 million or 4.46 percent.

Stock Performance

Shares of Himax Technologies, Inc. traded up $ 0.24 or 6.22 percent on Wednesday, reaching $ 4.10 with volume of 1.55 million shares. Himax Technologies, Inc. has traded high as $ 4.10 and has cracked $ 3.87 on the downward trend

The closing price of $ 4.10, representing a 123.12 % increase from the 52 week low of $ 1.73 and a 24.31 % decrease over the 52 week high of $ 5.10.

The company has a market capital of $ 705.95 million and is part of the Technology sector and Semiconductors industry.

Conference Call

Himax Technologies, Inc. will be hosting a conference call at 8:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1 (866) 444-9147 Toll Free or +1 (678) 509-7569 (International), and the passcode is 4408778 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.himax.com.tw

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, the United States, and internationally. The company operates through 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 devices, and other consumer electronics devices.

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