.05 eps beat for Q2. $.36 YOY Q2 increase. Current Q3 estimate is .13. Current Q4 .22.
Expect Q3 estimates to begin to rise. I would expect to see Q3 raised to at least $.20 and Q4 remain the same. Already 20M in accelerated debt payment. 2 More quarters this year would bring that to 60M and an annual interest savings of ~$1.5M (using just the over libor % rate).
Frankly the quarter was excellent.
Correct. Only issue regarding Q2 earnings is meeting or beating. The amount is not important (low) because it is already factored in...
While somewhat tied to that.. The A/r V/r intrigue is what this is pegged to. I actually take it as a good sign that most bets are off the table through options here. Past earnings dates have had big plays that generally turned out right and the resultant share price went down. It looks like no one is playing it currently. Means there really is indecision if this is the "inflection" quarter. Plenty of time to jump in if it is, downswing avoided if it is not. Makes good sense.
The same can be said for the run to 8.99 from the low 6's. There was no significant news and 2015 estimates for eps were dropping. We had "upgrades" based on where the ar/vr world is headed. Nothing concrete regarding HIMX.
What has occurred is simply posturing for the next CC. Aug 7 has the only sig options open volume (1400 8 strike puts). Then you have to go to the Sept 18's for any type of open interest that could have some sway.
The CC is the key. it could go either way.
fsus, Use either nasdaq or Yahoo (not timely on yahoo but fairly correct). There is an option on the summary page left hand side.
For the next couple weeks, there are no strikes with open interest that would affect the stock price. Options are not doing this. Look to the general lack of volume... this is drifting right now before earnings. For the 1st time in a while, no silly games going on.
hey MG.. This is still a Y/e 16 play. That was a good reminder. I really don't care about the share price until then... Have to have a bit of fun...