Himax Technologies Issues Q1 Guidance; Q4 Profit Plunges - Quick Facts

RTTNews | Pred 1008 dňami
Himax Technologies Issues Q1 Guidance; Q4 Profit Plunges - Quick Facts

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, semiconductor company Himax Technologies Inc. (HIMX) provided earnings and revenue growth guidance for the first quarter of fiscal 2023.

For the first quarter, the company projects IFRS profit in a range of 3.5 to 7.0 cents per ADS and non-IFRS profit in a range of 6.5 to 10.0 cents per ADS. It also expects revenue to decrease 12 to 17 percent sequentially.

For the fourth quarter, IFRS profit plunged to $42.16 million or 24.1 cents per ADS from $142.39 million or 81.5 cents per ADS in the prior-year quarter. First quarter non-IFRS profit was 27.3 cents per ADS.

Net revenues for the quarter plunged to $262.29 million from $451.90 million in the same quarter last year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Himax Technologies Q3 Profit Increases; Issues Q4 Guidance

Himax Technologies Q3 Profit Increases; Issues Q4 Guidance

While reporting financial results for the third quarter on Thursday, semiconductor company Himax Technologies Inc. (HIMX) provided earnings and revenue growth guidance for the fourth quarter of fiscal 2023.
RTTNews | Pred 735 dňami
Australian Dollar Rises After Upbeat Jobs Data

Australian Dollar Rises After Upbeat Jobs Data

The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of Australia's upbeat employment data in October.
RTTNews | Pred 3 h 47 min
European Markets Seen Gaining On Thursday

European Markets Seen Gaining On Thursday

Stock markets in Europe are expected to open higher on Thursday amidst positive sentiment generated by the conclusion of the longest federal closure in U.S. history.
RTTNews | Pred 4 h 25 min
Sensex, Nifty Climb Higher On Earnings, Positive Global Cues

Sensex, Nifty Climb Higher On Earnings, Positive Global Cues

After a positive start and a subsequent retreat, BSE benchmark Sensex and the National Stock Exchange's Nifty50 moved higher Thursday morning, with investors picking up stocks, reacting to some encouraging earnings announcements.
RTTNews | Pred 4 h 35 min
European Economic News Preview: UK GDP Data Due

European Economic News Preview: UK GDP Data Due

Quarterly national accounts from the UK and industrial production from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. The economy is forecast to grow 0.2 percent sequentially, slower than the 0.3 percent expansion in the second quarter.
RTTNews | Pred 5 h 8 min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is sharply extending its early losses in mid-market moves on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness is financial, energy and technology stocks partially offset by gains in gold miner stocks.
RTTNews | Pred 6 h 53 min
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian markets are mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the release of a barrage of US economic data after the US House of Representatives voted on a bill to end the longest government shutdown in U.S. history. The end to the impasse would enable the US Fed to gauge the economy precisely well ahead of its December meeting.
RTTNews | Pred 6 h 59 min