Himax Technologies (Nasdaq: HIMX) reported earnings on May 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Himax Technologies met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share grew significantly.

Margins improved across the board.

Revenue details
Himax Technologies chalked up revenue of $166.7 million. The one analyst polled by S&P Capital IQ wanted to see sales of $166.7 million on the same basis. GAAP reported sales were 18% higher than the prior-year quarter's $141.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.07. The one earnings estimate compiled by S&P Capital IQ predicted $0.06 per share. GAAP EPS of $65.77 for Q1 were much higher than the prior-year quarter's $0.02 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 22.9%, 280 basis points better than the prior-year quarter. Operating margin was 8.7%, 650 basis points better than the prior-year quarter. Net margin was 6.8%, 490 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $177.1 million. On the bottom line, the average EPS estimate is $0.07.

Next year's average estimate for revenue is $727.0 million. The average EPS estimate is $0.28.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 868 members out of 897 rating the stock outperform, and 29 members rating it underperform. Among 182 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 176 give Himax Technologies a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Himax Technologies is outperform, with an average price target of $1.90.

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