February 8, 2025

error page

Business is my step

Himax Systems, Inc. Pre-announces Preliminary Unaudited Fourth Quarter 2020 Financial Benefits

4 min read

TAINAN, Taiwan, Jan. 07, 2021 (Globe NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless maker of display motorists and other semiconductor solutions, nowadays pre-introduced preliminary unaudited key monetary benefits for the a few months ended December 31st, 2020. The fourth quarter revenues, gross margin and EPS all exceeded the assistance issued on November 12th, 2020. Each revenues and gross margin strike file highs in the fourth quarter of 2020.

  • Revenues ended up $275.8 million, an improve of 14.9% sequentially from $239.9 million in the third quarter of 2020, bigger than the steerage of about 10% sequential increase. This signifies an boost of 57.6% calendar year-around-12 months.
  • Gross margin was 31.2%, exceeding the steerage of all over 29%. This signifies an raise of 890 foundation details sequentially and an maximize of 1,060 basis details in contrast to the identical interval last 12 months.
  • IFRS earnings for every diluted Advertisements ended up anticipated to be all over 19.5 cents, exceeding the assistance of around 15. cents to 16. cents. This compares to 4.9 cents in the past quarter and .6 cents in the same period of time final yr.
  • Non-IFRS earnings for every diluted Adverts ended up expected to be all around 19.7 cents, exceeding the guidance of close to 15.1 cents to 16.1 cents. This compares to 7.3 cents in the prior quarter and .9 cents in the same interval very last 12 months.

“Both revenues and gross margin achieved new highs in the quarter, many thanks to strong momentum across all significant business enterprise segments. Bucking slow seasonality into the initial quarter, the business momentum continues to stay potent at the instant. We will give thorough updates in the forthcoming earnings connect with,” mentioned Mr. Jordan Wu, President and Chief Govt Officer of Himax. The Firm will provide its entire economical report with traders and analysts at the subsequent meeting call in February. The precise date will be introduced before long.

About Himax Technologies, Inc.

Himax Systems, Inc. (NASDAQ: HIMX) is a fabless semiconductor option service provider focused to screen imaging processing systems. Himax is a around the globe current market leader in screen driver ICs and timing controllers utilized in TVs, laptops, screens, cellular telephones, tablets, electronic cameras, motor vehicle navigation, digital truth (VR) equipment and numerous other client electronics products. On top of that, Himax styles and gives controllers for contact sensor displays, in-cell Contact and Display Driver Integration (TDDI) single-chip solutions, LED driver ICs, energy administration ICs, scaler goods for monitors and projectors, tailor-produced video processing IC remedies, silicon IPs and LCOS micro-displays for augmented reality (AR) units and heads-up shows (HUD) for automotive. The Business also provides digital camera alternatives, such as CMOS picture sensors and wafer stage optics for AR units, 3D sensing and device vision, which are made use of in a wide variety of apps these types of as cell telephones, tablets, laptops, TVs, Computer cameras, cars, security, clinical devices, house appliance and World-wide-web of Factors. Launched in 2001 and headquartered in Tainan, Taiwan, Himax at the moment employs all around 2,000 persons from a few Taiwan-primarily based workplaces in Tainan, Hsinchu and Taipei and place offices in China, Korea, Japan, Israel, and the US. Himax has 3,009 patents granted and 561 patents pending acceptance around the world as of December 31st, 2020. Himax has retained its position as the leading exhibit imaging processing semiconductor remedy company to client electronics makes worldwide.
http://www.himax.com.tw

Ahead On the lookout Statements

Elements that could result in genuine occasions or benefits to differ materially incorporate, but not restricted to, basic business and economic problems and the point out of the semiconductor business market place acceptance and competitiveness of the driver and non-driver goods designed by the Corporation need for finish-use apps items reliance on a tiny team of principal shoppers the uncertainty of ongoing achievements in technological improvements our ability to create and safeguard our mental property pricing pressures such as declines in normal promoting price ranges variations in customer get patterns alterations in approximated entire-calendar year effective tax rate shortages in source of key factors changes in environmental legislation and polices exchange price fluctuations regulatory approvals for more investments in our subsidiaries our means to collect accounts receivable and deal with stock and other dangers explained from time to time in the Company’s SEC filings, together with these dangers determined in the area entitled “Risk Factors” in its Kind 20-F for the year ended December 31, 2019 submitted with the SEC, as could be amended.

Enterprise Contacts:

Eric Li, Chief IR/PR Officer
Himax Systems, Inc.
Tel: +886-6-505-0880
Fax: +886-2-2314-0877
Electronic mail: [email protected]
www.himax.com.tw

Karen Tiao, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999
Fax: +886-2-2314-0877
Email: [email protected]
www.himax.com.tw

Mark Schwalenberg, Senior Vice President
Trader Relations -US Consultant
MZ North The us
Tel: +1-312-261-6430
Email: [email protected]
www.mzgroup.us

error-page.com © All rights reserved. | Newsphere by AF themes.