Himax Technologies, Inc. HIMX shares are trading higher on Thursday. The stock has been trending upward since the company reported third-quarter earnings last week.
What To Know: Himax Technologies reported its financial results on Nov. 9 before the open of the market. The company reported quarterly earnings of six cents per share, beating The Street's estimate of four cents, a 62.35% decrease over earnings of 17 cents per share from the same period last year.
Quarterly sales of $238.50 million beat the analyst consensus estimate of $229.38 million, a 11.64% increase over sales of $213.63 million the same period last year.
Shares of the stock have continued to gain over the past week following the earnings news. Also, on Monday, the company announced that it will attend UBS Global Technology Conference, from Nov. 27 to Nov. 30, at which management will hold in-person meetings with potential investors.
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HIMX Price Action: Shares of HIMX were up 3.65% at $6.27 at the time of publication, according to Benzinga Pro.
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