- Himax Technologies (NASDAQ:HIMX) posted results above consensus and revenue ($201.1M, +18.9% Y/Y/+11.5% Q/Q) and gross margin in line with the company's own guidance. EPS ($0.12) came in above company guidance.
- Small and medium-sized panel driver sales grew 14% Q/Q and large-sized panel driver sales grew 2.8% Q/Q attributed to increased 4K TV penetration. Non-driver sales grew 22.1% attributed to the company's AR/VR segment.
- Net income of $19.8M, a 51.2% sequential increase and 124% increase over the year-ago period.
- Projects Q3 revenue to increase 5%-10% sequentially, gross margin to remain unchanged to slightly down and EPS of $0.10-$0.12.
- Conference call
- Press release