- Himax (HIMX +3.6%) expects Q1 revenue to be up 10.8% Y/Y to $194.6M. That's slightly below guidance for 11.1% growth, but above a $193.6M consensus.
- Gross margin is expected to fall 40 bps Q/Q to 24.7%. The company previously guided for GM to be "down slightly" Q/Q.
- Shares fell 14% yesterday on heavy volume.
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