While reporting financial results for the third quarter on Thursday, semiconductor company Himax Technologies Inc. (HIMX) provided earnings and revenue growth guidance for the fourth quarter of fiscal 2023.
For the fourth quarter, the company projects profit in a range of 9.0 to 13.0 cents per ADS on a revenue decline of 5 to 11 percent sequentially.
For the third quarter, profit increased to $11.24 million or 6.4 cents per ADS from $8.32 million or 4.8 cents per ADS in the prior-year quarter.
Net revenues for the quarter grew 11.6 percent to $238.52 million from $213.63 million in the same quarter last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.