Investing.com - Himax reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Himax announced earnings per share of $0.195 on revenue of $275.8M. Analysts polled by Investing.com anticipated EPS of $0.1526 on revenue of $264.57M.
Himax shares are up 5.01% from the beginning of the year, still down 6.39% from its 52 week high of $8.29 set on December 30, 2020. They are outperforming the Nasdaq which is up 1.39% from the start of the year.
Himax follows other major Technology sector earnings this month
Himax's report follows an earnings beat by Adobe on December 10, 2020, who reported EPS of $2.81 on revenue of $3.42B, compared to forecasts EPS of $2.66 on revenue of $3.36B.
Oracle had beat expectations on December 10, 2020 with second quarter EPS of $1.06 on revenue of $9.8B, compared to forecast for EPS of $0.9979 on revenue of $9.77B.
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