Investing.com - Himax reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Himax announced earnings per share of $0.01 on revenue of $187M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $174.55M.
Himax shares are up 4% from the beginning of the year, still down 16.67% from its 52 week high of $5.10 set on February 19. They are outperforming the S&P 500 which is up 3% from the start of the year.
Himax follows other major Technology sector earnings this month
Himax's report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
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