Yahoo Finance Himax Technologies Full Year 2023 Earnings: EPS Beats Expectations
Himax Technologies (NASDAQ:HIMX) Full Year 2023 Results
Key Financial Results
Revenue: US$945.4m (down 21% from FY 2022).
Net income: US$50.6m (down 79% from FY 2022).
Profit margin: 5.4% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: US$0.29 (down from US$1.36 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Himax Technologies EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Himax Technologies is showing 2 warning signs in our investment analysis that you should know about...
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