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

RTTNews | 1007 dagar sedan
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 | 734 dagar sedan
Bay Street May Open On Positive Note Again

Bay Street May Open On Positive Note Again

Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
RTTNews | 4h 47minuter sedan
FTSE 100 Pares Early Gains; SSE Soars 12%

FTSE 100 Pares Early Gains; SSE Soars 12%

After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
RTTNews | 6h 5minuter sedan
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors. Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
RTTNews | 7h 2minuter sedan
DAX Climbs To 4-week High On Inflation Data, Earnings

DAX Climbs To 4-week High On Inflation Data, Earnings

Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
RTTNews | 7h 29minuter sedan
Yen Falls After Japan PM Takaichi Comments

Yen Falls After Japan PM Takaichi Comments

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
RTTNews | 9h 28minuter sedan