Himax Technologies - ADR

NASDAQ:HIMX   3:59:56 PM EDT
7.48
-0.02 (-0.27%)
Other Pre-Announcement

Himax Technologies Inc Announces Updates On Second Quarter 2022 Financial Guidance

Published: 06/20/2022 13:04 GMT
Himax Technologies - ADR (HIMX) - Himax Technologies, Inc. Announces Updates on Second Quarter 2022 Financial Guidance.
Sees Q2 2022 Revenues to Decrease 22% - 27% Sequentially, Lower Than Previous Guidance of 16% - 20% Sequential Decline.
Gross Margin in Q2 is Expected to Be Around 43.0% to 45.0%, Same As Previous Guidance.
Sees Q2 2022 Ifrs Earnings per Diluted Ads to Be in Range of 36.5 Cents to 41.5 Cents.
Sees Q2 2022 Non-ifrs Earnings per Diluted Ads to Be in Range of 40.0 Cents to 45.0 Cents.
Ifrs Earnings per Diluted Ads in Q2 Are Expected to Be in Range of 36.5 Cents to 41.5 Cents.
Himax - Revised Q2 Guidance Reflects Weaker Macro Environment & Slowing End Market Demands, Due to Recent Interest Rate Hikes & Inflationary Pressure.