Overview

* Himax TechnologiesQ2 revenue declines 0.2% QoQ

* Gross margin for Q2 improves to 31.2%

* EPS for Q2 misses analyst expectations, per LSEG data

Outlook

* Himax expects Q3 2025 revenues to decline 12% to 17% QoQ

* Company anticipates Q3 gross margin to be around 30%

* Loss per diluted ADS forecasted at 2.0 to 4.0 cents

* Company notes limited impact from recent U.S. tariff announcements

Result Drivers

* FAVORABLE PRODUCT MIX - Q2 gross margin improved to 31.2%, driven by favorable product mix

* AUTOMOTIVE SALES - Automotive driver sales showed resilience with a 3.2% year-over-year increase despite global softness

* NON-DRIVER PRODUCTS - Non-driver sales increased 14.7% QoQ, driven by higher shipments of Tcon for automotive and monitor products

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $214.80 $213 mln

Revenue mln (1

Analyst)

Q2 EPS Miss $0.095 $0.1 (2

Analysts

)

Q2 Gross 31.2%

Margin

Q2 $18.10

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the semiconductors peer group is "buy"

* Wall Street's median 12-month price target for Himax Technologies Inc ( HIMX ) is $10.00, about 13.7% above its August 6 closing price of $8.63

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)