Himax Technologies (NASDAQ:HIMX) Full Year 2024 Results
Key Financial Results
- Revenue: US$906.8m (down 4.1% from FY 2023).
- Net income: US$79.8m (up 58% from FY 2023).
- Profit margin: 8.8% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: US$0.46 (up from US$0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Himax Technologies Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are down 17% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Himax Technologies .
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