Himax Technologies Reports Q3 2026 Results with Revenue Growth and EPS Beat
Himax Technologies (HIMX) reported third-quarter 2026 revenue of $246.8 million, an 8.5% sequential increase that met company guidance. Diluted earnings per ADS reached 10.7 cents, surpassing the projected range of 8.0 to 10.0 cents due to disciplined operating expense management. The results were bolstered by strong performance in small and medium-sized display drivers and an 11.2% sequential increase in non-driver sales, particularly within the automotive timing controller segment. Despite the quarterly beat, the company issued cautious guidance for the fourth quarter, projecting a revenue decline of 22% to 26%. This correction is attributed to a sharp reduction in automotive driver integrated circuit orders as Chinese automakers adjust export expectations and manage inventory levels. However, management expects a significant after-tax gain of $19 million to $20 million in Q4 from an upcoming divestiture.
Tickers: $HIMX
Topics: Automotive Tcon Revenue Display Driver Market EPS Beat Gross Margin Revenue Growth