Investing.com - Himax reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Himax announced earnings per share of $0.439 on revenue of $312.61M. Analysts polled by Investing.com anticipated EPS of $0.425 on revenue of $327.86M.
Himax shares are down 55.72% from the beginning of the year, still down 57.09% from its 52 week high of $16.50 set on December 31, 2021. They are under-performing the Nasdaq which is down 17.83% from the start of the year.
Himax follows other major Information Technology sector earnings this month
Himax's report follows an earnings beat by Apple on July 28, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on July 26 with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.38B.
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