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

RTTNews | 931天前
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
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 1小时17分钟前
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 1小时37分钟前
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 4小时37分钟前
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 4小时48分钟前
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 5小时11分钟前