Recent Updates — HIMX

Himax Technologies reported third-quarter revenue of $246.8 million, an 8.5% sequential increase, with gross margin at 34.2%. After-tax profit was $18.6 million, or 10.7 cents per diluted ADS, exceeding the prior guidance range of 8.0 to 10.0 cents due to lower-than-expected operating expenses. The company provided fourth-quarter revenue guidance of a 22% to 26% sequential decline and profit per diluted ADS of 4.5 to 6.5 cents, citing abrupt order corrections in automotive TDDI and DDIC products. Himax also announced the proposed divestiture of an equity-method investee stake, expected to close in Q4 with a pre-tax gain of $23 to $24 million. The company operates as a fabless semiconductor provider specializing in display driver ICs and timing controllers for automotive, consumer electronics, and emerging AI applications.

Himax Technologies reported second quarter 2026 revenues of $227.4 million, a 14.2% sequential increase that exceeded guidance, driven by strong automotive IC sales. Gross margin reached 33.1%, beating expectations due to a favorable product mix, while after-tax profit was $19.9 million, or 11.4 cents per diluted ADS. The company provided third quarter guidance projecting revenue growth of 7% to 11% sequentially and gross margins around 34%. Himax also announced the proposed divestiture of an equity-method investee, expecting a pre-tax gain of $23 to $24 million upon closing in Q4. Additionally, the filing disclosed a $44 million annual dividend payment made on July 10, 2026. Himax Technologies is a fabless semiconductor company specializing in display driver ICs and timing controllers for automotive, consumer electronics, and emerging AI applications.