Himax Technologies Q4 EPS $0.14 Vs $0.241 YoY, Sales $227.68M Beat $222.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Himax Technologies reported a Q4 EPS of $0.14, a decrease from $0.241 year-over-year. However, their sales of $227.68M exceeded the estimated $222.20M.
February 06, 2024 | 10:46 am
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Himax Technologies reported a decrease in EPS to $0.14 from $0.241 YoY but exceeded sales estimates with $227.68M.
The decrease in EPS could concern investors about profitability, potentially putting downward pressure on the stock. However, the beat on sales estimates indicates strong demand for Himax's products, which could offset concerns about profitability in the short term. The mixed results lead to a neutral score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100