Himax Technologies, Inc. reported net revenues of $214.8 million for the second quarter of 2025, a sequential decline of 0.2%, which was better than the midpoint of its guidance range. Gross margin was 31.2%, outperforming guidance, and profit per diluted ADS was 9.5 cents, within the projected range.
Automotive driver sales experienced a single-digit decrease quarter-over-quarter but outperformed guidance for a mid-teens decline, with first half 2025 automotive driver sales increasing 3.2% year-over-year. The automotive business remained the largest revenue contributor, representing approximately 50% of total revenues.
For the third quarter of 2025, Himax anticipates revenues to decrease 12% to 17% sequentially, with gross margin around 30%. The company projects a loss per diluted ADS of 2.0 cents to 4.0 cents, primarily due to a significant portion of the annual employee bonus being expensed in Q3. Himax also noted new US government plans to impose tariffs of approximately 100% on semiconductor chips not manufactured in the United States, with details pending.
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