Himax Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 11:18 am
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Himax Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 238.52 million compared to USD 213.63 million a year ago. Revenue was USD 238.52 million compared to USD 213.63 million a year ago. Net income was USD 11.24 million compared to USD 8.32 million a year ago. Basic earnings per share from continuing operations was USD 0.064 compared to USD 0.048 a year ago. Diluted earnings per share from continuing operations was USD 0.064 compared to USD 0.048 a year ago.
For the nine months, sales was USD 717.75 million compared to USD 939.05 million a year ago. Revenue was USD 717.75 million compared to USD 939.05 million a year ago. Net income was USD 27.05 million compared to USD 194.83 million a year ago. Basic earnings per share from continuing operations was USD 0.156 compared to USD 1.116 a year ago. Diluted earnings per share from continuing operations was USD 0.156 compared to USD 1.116 a year ago.
Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.