Himax Technologies Sees Q4 Revenues To Decline 5.0% - 11.0% Sequentially
Portfolio Pulse from Benzinga Newsdesk
Himax Technologies expects its Q4 revenues to decline between 5.0% and 11.0% sequentially.
November 09, 2023 | 10:26 am
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Himax Technologies anticipates a sequential decrease in Q4 revenues by 5.0% - 11.0%.
The company's announcement of expected decline in revenues for Q4 is a direct indicator of its financial performance. This could potentially lead to a decrease in the company's stock price in the short term as it indicates a negative financial outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100