chartexchange

Himax Forecasts Q4 Revenue Drop of Up to 26% After Q3 EPS Beat

Securities.io | Nov 5, 2026 2:24 PM EST

Himax Technologies on November 5, 2026 reported third-quarter revenue of US$246.8 million for the period ended September 30, 2026, but forecast fourth-quarter revenue to decline 22% to 26% sequentially as automotive display-driver orders abruptly corrected after two quarters of strong growth. Third-quarter net revenue rose 8.5% sequentially, while gross margin reached 34.2%, in line with guidance of around 34% and up from 33.1% in the second quarter. After-tax profit attributable to Himax…

Read original article