Himax Technologies' (NASDAQ:HIMX) Profits May Not Reveal Underlying Issues
Asian Equities Traded in the US as American Depositary Receipts Start Week Lower in Monday Trading
Himax Technologies Third Quarter 2024 Earnings: Beats Expectations
US stocks unusual movement | Himax Technologies pre-market rose more than 1.5%, third-quarter net income increased by approximately 16% year-on-year.
November 8th, Guolong Report | Himax Technologies (HIMX.US) rose more than 1.5% in pre-market trading to $5.86. In terms of news, Himax Technologies had third-quarter revenue of $0.2224 billion, net income attributable to shareholders of $13.02 million, earning 7.2 cents per ADS, a year-on-year increase of about 16%; with a gross margin of 30%. Looking ahead to the fourth quarter, the company expects revenue to remain flat or slightly decrease compared to the previous quarter, with gross margins expected to remain flat or slightly increase. Diluted ADS earnings per share are expected to be between 9.3 and 11 cents. (Guolong Report)
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Himax Technologies Inc (HIMX) Q3 2024 Earnings Call Highlights: Navigating Challenges With ...