Update: Himax Shares Soar After Q1 Results, Q2 Guidance
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Himax Technologies (HIMX) shares surged nearly 30% following its Q1 results and Q2 guidance. The company reported Q1 earnings of $0.046 per diluted ADS, down from $0.114 a year prior, with revenue at $199 million compared to $215.1 million last year. For Q2, Himax expects earnings of $0.09 to $0.10 per diluted ADS, anticipating a sequential revenue growth of 10% to 13%.
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