Himax Technologies Full Year 2024 Earnings: Beats Expectations

Himax Technologies (NASDAQ:HIMX) Full Year 2024 Results

Key Financial Results

• Revenue: US$906.8m (down 4.1% from FY 2023).
• Net income: US$79.8m (up 58% from FY 2023).
• Profit margin: 8.8% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$0.46 (up from US$0.29 in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Himax Technologies Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 17% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Himax Technologies .

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.