Investing.com - Himax reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Himax announced earnings per share of $0.623 on revenue of $365.26M. Analysts polled by Investing.com anticipated EPS of $0.57 on revenue of $363.11M.
Himax shares are down 13% from the beginning of the year and are trading at $13.47 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17.76% from the start of the year.
Himax shares lost 2.95% in intra-day trade after the report.
Himax follows other major Information Technology sector earnings this month
Himax's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Microsoft had beat expectations on Tuesday, July 27, 2021 with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.92 on revenue of $44.22B.
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