After running into some February jitters earlier this week, the market may be poised for stronger returns, which then incentivizes the narrative for hidden-gem stocks. For whatever reason, these ideas just simply don’t feature on Wall Street’s radar. However, if I’m reading the tealeaves correctly, they could be due for some serious gains.Now, before we dive into the contrarianism that is hidden-gem stocks, a word of warning. I extracted these ideas via a combination of disappointing trailing-52-week perfor ...

Himax Technologies, Inc. (NASDAQ:HIMX) Q4 2023 Earnings Conference Call February 6, 2024 8:00 AM ET Company Participants Mark Schwalenberg - Investor Relations, MZ Group Eric Li - Chief IR/PR Officer Jordan Wu - President and Chief Executive Officer Transcript Provided to Seeking Alpha by the Company Operator Good day and thank you for standing by. Welcome to the Himax Technologies Fourth Quarter and Full-Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the ...

Q4 2023 Revenues and EPS Both Beat Guidance, Gross Margin In-LineGuidance Range Issued on November 9, 2023Company Q1 2024 Guidance: Revenues to Decline 9% to 16% QoQ,Gross Margin is Expected to be around 28.5%, Profit per diluted ADS to be around 2.0 Cents to 5.0 Cents Q4 2023 revenues were $227.7M, a decrease of 4.5% QoQ, exceeding the guidance range of a 5.0% to 11.0% decline QoQ. Q4 GM reached 30.3%Q4 2023 after-tax profit was $23.6M, or 13.5 cents per diluted ADS, compared to $11.2M, or 6.4 cents last q ...

EXHIBIT 99.1 Himax Technologies, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter 2024 Guidance Q4 2023 Revenues and EPS Both Beat Guidance, Gross Margin In-Line Guidance Range Issued on November 9, 2023 Company Q1 2024 Guidance: Revenues to Decline 9% to 16% QoQ, Gross Margin is Expected to be around 28.5%, Profit per diluted ADS to be around 2.0 Cents to 5.0 Cents Q4 2023 revenues were $227.7M, a decrease of 4.5% QoQ, exceeding the guidance range of a 5.0% to 11.0% ...

TAINAN, Taiwan, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Tuesday, February 6, 2024 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2023 financial results. HIMAX TECHNOLOGIES FOURTH QUARTER AND FULL YEAR 202 ...

TAINAN, Taiwan, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Tuesday, February 6, 2024 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2023 financial results. HIMAX TECHNOLOGIES FOURTH QUARTER AND FULL YEAR 20 ...

TAINAN, Taiwan and ZHEJIANG, China, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, and Zhejiang DESMAN Intelligent Technology Co., Ltd. ("DESMAN"), a Chinese leading brand in the smart door lock market, today jointly announced an advanced high-end smart door lock to be unveiled at CES 2024. The innovative Shotax Sentinel Cat Eye smart door lock features Himax's W ...

CharnW/iStock via Getty Images My Thesis Thanks to its improving fundamentals, cheap valuation, and industry tailwinds, I believe Himax Technologies, Inc. (NASDAQ:HIMX) stock is well-positioned to rally in the coming months. My Reasoning Founded in 2021, Himax Technologies, Inc. is a Taiwanese semiconductor company specializing in display imaging processing technologies. It produces display driver ICs, timing controllers, touch sensor controllers, and other components for various electronic devices. The ...

TAINAN, Taiwan, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the Company will feature live showcases of its next generation proprietary ultra luminous Color Sequential Front-Lit LCoS and agile 3D Sensing technologies in a range of immersive AR applications at CES 2024, the largest consumer electronics show in Las Vegas, U.S.A. from January 9 – 1 ...

Financial Data and Key Metrics Changes - Third quarter revenues were $238.5 million, an increase of 1.5% sequentially and up 11.6% year-over-year, exceeding guidance [6] - Gross margin improved to 31.4%, significantly up from 21.7% in the previous quarter, reflecting a favorable product mix and absence of one-time expenses [6][10] - Profit per diluted ADS was 6.4 cents, surpassing the guidance range of 1.5 cents to 6.0 cents [7] Business Line Data and Key Metrics Changes - Revenue from large display drivers was $43.7 million, down 3.7% sequentially but up 5.9% year-over-year, with a decline in TV IC sales as expected [7] - Small and medium-sized display driver revenue reached $161.1 million, up 7.2% sequentially and 13.9% year-over-year, driven by strong automotive sector performance [8] - Non-driver sales were $33.7 million, down 14.4% from the previous quarter but up 9.0% year-over-year, with Tcon business experiencing a low teens sequential decline [10] Market Data and Key Metrics Changes - The automotive business accounted for nearly 45% of total sales, with a notable increase in TDDI and local dimming Tcon technologies [9] - The smartphone and tablet driver sales decreased double digits sequentially, reflecting continued soft market demand [8] - Inventory levels decreased significantly to $259.6 million from $297.3 million in the previous quarter, indicating effective destocking [15] Company Strategy and Development Direction - The company aims to solidify its leadership in the automotive display market, focusing on TDDI and local dimming Tcon technologies [18][25] - A partnership with Nexchip is expected to optimize cost structures and expand foundry supply, particularly in the automotive sector [19][50] - The company is implementing measures to reduce costs and improve operational efficiencies amidst challenging economic conditions [19] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for the automotive business, anticipating continued growth despite macroeconomic headwinds [18] - The fourth quarter is expected to see subdued sales growth due to sluggish end market demand and cautious inventory management [17] - Management noted that ASP is stabilizing, but price pressure may persist due to macroeconomic conditions [47] Other Important Information - Operating expenses for Q3 were $63.7 million, up 19.8% sequentially but down 12.5% year-over-year, primarily due to annual bonus expenses [11] - The company expects fourth quarter revenues to decline by 5.0% to 11.0% sequentially, with gross margin projected around 30% [16] Q&A Session Summary Question: Guidance discrepancies across product lines - Management acknowledged the differences in guidance versus market conditions, attributing strong automotive demand to their market dominance and customer restocking needs [40][42] Question: ASP trends and foundry cooperation - Management indicated that ASP is stabilizing, with price pressure expected to persist but not as severe as in previous quarters, and highlighted the benefits of the Nexchip partnership [46][48] Question: Fourth quarter EPS guidance - Management confirmed that tax benefits and financial modeling contributed to the higher end of the EPS guidance for Q4 [51][52]