Investing.com - Himax reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Himax announced earnings per share of $0.795 on revenue of $420.9M. Analysts polled by Investing.com anticipated EPS of $0.68 on revenue of $422.47M.
Himax shares are up 47.23% from the beginning of the year and are trading at $10.88 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.68% from the start of the year.
Himax follows other major Technology sector earnings this month
Himax's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
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