Himax Technologies (HIMX) Set to Announce Earnings on Thursday

Himax Technologies (NASDAQ:HIMX) is scheduled to release its earnings data before the market opens on Thursday, November 7th. Investors that wish to register for the company’s conference call can do so using this link.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Friday, August 9th. The semiconductor company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $239.60 million for the quarter, compared to analysts’ expectations of $232.78 million. Himax Technologies had a return on equity of 8.94% and a net margin of 8.42%. Himax Technologies’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.01 EPS.

Himax Technologies Stock Performance

NASDAQ HIMX opened at $5.97 on Thursday. The business has a 50-day moving average price of $5.79 and a 200-day moving average price of $6.28. Himax Technologies has a twelve month low of $4.80 and a twelve month high of $8.73. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 22.11 and a beta of 2.11. The company has a quick ratio of 1.32, a current ratio of 1.58 and a debt-to-equity ratio of 0.04.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Himax Technologies from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

About Himax Technologies

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.