Himax reports Q3 EPS 1c, consensus 0c

Reports Q3 revenue $199.16M, consensus $186.22M. “Despite the limited short-term visibility in the automotive market, we remain optimistic about our automotive business outlook for the next few years, backed by our leading new technology offerings and comprehensive customer coverage. Meanwhile, we continue to focus on the expansion into emerging areas beyond display ICs, including ultralow power AI, CPO, and smart glasses, all novel applications characterized by high growth potential, high added value, and high technological barriers that are well positioned to become new growth drivers for Himax (HIMX) soon,” said Mr. Jordan Wu, President and Chief Executive Officer of Himax.