Overview
- Himax shares jumped about 28% in pre-market trading Thursday after it posted Q1 results and issued an upbeat Q2 forecast.
- Q1 results showed $199.0 million in revenue with 30.4% gross margin and 5.1% operating margin, producing earnings of 4.6 cents per American depositary share (ADS).
- For Q2, the company forecast 10% to 13% sequential revenue growth, gross margin near 32%, and profit of 8.6 to 10.3 cents per ADS.
- Management cited strong automotive display wins and its WiseEye AI platform as growth drivers, with several auto programs slated for mass production in the second half of 2026.
- The board declared a cash dividend of 25.2 cents per ADS payable in July, for a total payout of about $44 million.