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Himax Technologies (HIMX)
NASDAQ:HIMX
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 24.51%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong performance in key segments such as automotive and non-driver ICs, while facing challenges in large display driver revenues and overall annual revenue decline. The outlook for Q1 2025 indicates a seasonal decline but maintains a positive long-term view in automotive and advanced technologies.Company Guidance
During the Himax Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call, the company provided guidance indicating robust financial performance that exceeded previous expectations. The fourth quarter revenues were reported at $237.2 million, marking a 6.7% sequential increase and a 4.2% year-over-year rise. The gross margin reached 30.5%, surpassing the guidance of flat to slightly up from 30%, and the profit per diluted ADS was $0.14, above the guidance range of $0.09 to $0.11. The automotive business was highlighted as a strong performer, accounting for around 50% of total Q4 revenues, driven by mid-teens increases in automotive driver sales. For the first quarter of 2025, Himax expects revenues to decrease by 8.5% to 12.5% sequentially due to seasonal demand changes, but anticipates a gross margin of around 30.5% and a year-over-year profit increase of 26% to 54%. The company remains optimistic about its automotive and non-driver product lines, as well as emerging technologies like Co-Packaged Optics (CPO) and WiseEye AI, which are expected to drive future growth.Surpassing Q4 Guidance
Q4 2024 revenues, gross margin, and profit all surpassed guidance. Revenues registered $237.2 million, a 6.7% increase sequentially and a 4.2% increase year-over-year.
Strong Automotive Segment Performance
Automotive driver sales, including both traditional DDIC and TDDI, experienced mid-teens increase. Automotive TDDI sales exceeded DDIC sales for the first time, highlighting global adoption.
Non-driver Sales Growth
Q4 non-driver sales reached $45.4 million, a 24.9% increase from the previous quarter, driven by a onetime Tcon product shipment.
Revenue Growth in Automotive IC
Automotive IC sales increased by nearly 20% year-over-year in 2024, outpacing the overall automotive market growth.
Strong Cash Flow and Inventory Management
Achieved a strong positive operating cash flow of $35.4 million for Q4, with inventory levels steadily declining to a healthy level.
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HIMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HIMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $9.14 | $9.92 | +8.53% |
| Nov 07, 2024 | $5.95 | $5.77 | -3.03% |
| Aug 08, 2024 | $5.86 | $5.72 | -2.39% |
| May 09, 2024 | $5.04 | $5.51 | +9.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Himax Technologies (HIMX) report earnings?
Himax Technologies (HIMX) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Himax Technologies (HIMX) earnings time?
Himax Technologies (HIMX) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HIMX EPS forecast?
HIMX EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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