Himax Technologies (HIMX) has released an update.
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Himax Technologies, Inc. reported solid financial results for Q1 2024, with revenues and profits exceeding guidance, despite a sequential decline. The company anticipates further growth in Q2, especially in the automotive sector and has announced a significant annual cash dividend. Himax remains optimistic about its automotive integrated circuits and innovative AI technology products, expecting steady business improvement in the second half of the year.
For further insights into HIMX stock, check out TipRanks’ Stock Analysis page.
