Overview
- Himax shares jumped about 28% to 30% on Thursday after reporting Q1 revenue of $199 million and 4.6 cents per ADS in profit, both ahead of expectations.
- Himax guided Q2 revenue to rise 10% to 13% quarter over quarter with gross margin near 32% and EPS of 8.6 to 10.3 cents.
- Leaders said multiple automotive programs are slated for mass production in the second half of 2026, with growth also coming from WiseEye AI and Tcon timing controllers that manage signals to displays.
- The board declared a $0.252 per ADS cash dividend payable in July, and the company ended March with $287.6 million in cash and marketable securities, $151.7 million of inventory, and $27.0 million in long‑term loans.
- Gross margin was 30.4% and operating margin 5.1%, yet adjusted EBITDA margin fell to 8.1% and free cash flow margin to 0.4% year over year as analysts kept a Hold stance with an average $8 target and warned about tight chip capacity and higher input costs.