| Himax Technologies, Inc. | ||||||||||
| Unaudited Condensed Consolidated Statements of Profit or Loss | ||||||||||
| (Amounts in Thousands of U.S. Dollars, Except Share and Per Share Data) | ||||||||||
|
Nine Months
Ended September 30, | ||||||||||
|
2024
|
2023
| |||||||||
| Revenues | ||||||||||
| Revenues from third parties, net | $ | 669,555 | $ | 717,645 | ||||||
| Revenues from related parties, net | 24 | 105 | ||||||||
| 669,579 | 717,750 | |||||||||
| Costs and expenses: | ||||||||||
| Cost of revenues | 465,638 | 523,262 | ||||||||
| Research and development | 122,745 | 130,304 | ||||||||
| General and administrative | 18,410 | 19,206 | ||||||||
| Sales and marketing | 17,644 | 18,447 | ||||||||
| Total costs and expenses | 624,437 | 691,219 | ||||||||
| Operating income | 45,142 | 26,531 | ||||||||
| Non operating income (loss): | ||||||||||
| Interest income | 7,865 | 6,812 | ||||||||
| Changes in fair value of financial assets at fair value through profit or loss | 118 | (55 | ) | |||||||
| Foreign currency exchange gains, net | 1,801 | 757 | ||||||||
| Finance costs | (3,050 | ) | (4,940 | ) | ||||||
| Share of losses of associates | (471 | ) | (584 | ) | ||||||
| Other income | 138 | 520 | ||||||||
| 6,401 | 2,510 | |||||||||
| Profit before income taxes | 51,543 | 29,041 | ||||||||
| Income tax expense (benefit) | (3,196 | ) | 2,905 | |||||||
| Profit for the period | 54,739 | 26,136 | ||||||||
| Loss attributable to noncontrolling interests | 408 | 915 | ||||||||
| Profit attributable to Himax Technologies, Inc. stockholders | $ | 55,147 | $ | 27,051 | ||||||
| Basic earnings per ADS attributable to Himax Technologies, Inc. stockholders | $ | 0.316 | $ | 0.155 | ||||||
| Diluted earnings per ADS attributable to Himax Technologies, Inc. stockholders | $ | 0.315 | $ | 0.155 | ||||||
| Basic Weighted Average Outstanding ADS | 174,725 | 174,418 | ||||||||
| Diluted Weighted Average Outstanding ADS | 174,935 | 174,701 | ||||||||
Himax Technologies, Inc. Reports Third Quarter 2024 Financial Results; Provides Fourth Quarter 2024 Guidance
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