Himax earnings, Revenue beat in Q1

  • Investing.com
Himax earnings, Revenue beat in Q1

Investing.com - Himax reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Himax announced earnings per share of $0.32 on revenue of $309M. Analysts polled by Investing.com anticipated EPS of $0.312 on revenue of $282.45M.

Himax shares are up 107.98% from the beginning of the year and are trading at $15.37 , down-from-52-week-high.They are outperforming the Nasdaq which is up 6.33% year to date.

Himax shares gained 6.44% in intra-day trade the report.

Himax follows other major Technology sector earnings this month

Himax's report follows an earnings beat by Adobe on Tuesday, March 23, 2021, who reported EPS of $3.14 on revenue of $3.91B, compared to forecasts EPS of $2.79 on revenue of $3.75B.

Oracle had beat expectations on Wednesday, March 10, 2021 with third quarter EPS of $1.16 on revenue of $10.09B, compared to forecast for EPS of $1.11 on revenue of $10.07B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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