Stock Track | Himax Technologies Surges After Beating Q3 Estimates, Upbeat Q4 Outlook

Stock Track11-07

Shares of Himax Technologies Inc. (HIMX) soared nearly 6% in pre-market trading on Thursday after the fabless semiconductor company reported better-than-expected results for the third quarter of 2024 and issued an upbeat outlook for the current quarter.

For the third quarter, Himax posted earnings of $0.074 per diluted ADS, exceeding analysts' estimates of $0.07. Revenue came in at $222.4 million, surpassing the consensus expectation of $220 million.

Looking ahead to the fourth quarter, the company expects earnings to be in the range of $0.093 to $0.11 per diluted ADS. While this guidance fell short of the $0.16 estimate, it still signaled continued profitability amid a challenging macroeconomic environment.

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(HIMX) soared nearly 6% in pre-market trading on Thursday after the fabless semiconductor company reported better-than-expected results for the third quarter of 2024 ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HIMX","symbol_name":"奇景光电","start_time":0,"source_url":"","article_id":"1165241522","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165241522","pubTimestamp":1730981073,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Himax Technologies Inc.  soared nearly 6% in pre-market trading on Thursday after the fabless semiconductor company reported better-than-expected results for the third quarter of 2024 and issued an upbeat outlook for the current quarter.For the third quarter, Himax posted earnings of $0.074 per diluted ADS, exceeding analysts' estimates of $0.07. 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