TAIPEI (dpa-AFX) - Himax Technologies, Inc. (HIMX) said that it expects GAAP earnings per share for the second quarter ending June 30, 2013 to be in the range of 10.5 to 11.5 cents per ADS, as compared to 8.9 cents of the same period 2012. Non GAAP earnings for the second-quarter are expected to be in the range of 11.1 to 12.1 cents per ADS, as compared to 9.3 cents of the same period 2012. Analysts polled by Thomson Reuters expected the company to report earnings of $0.10 per share for the quarter. Analysts' estimates typically exclude special items.
The company anticipates gross Margin for the second-quarter to be around flat from the first quarter of 2013.
The company projects revenues for the second-quarter to increase by 17% to 20% sequentially. Three analysts have consensus revenue estimate of $202.63 million for the quarter.
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