MagnaChip (MX) Misses Q3 EPS by 8c

MagnaChip (NYSE: MX) reported Q3 EPS of $0.02, $0.08 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $71.2 million versus the consensus estimate of $106.73 million.

GUIDANCE:

MagnaChip sees Q4 2022 revenue of $57-62 million, versus the consensus of $78.8 million.

• Gross profit margin to be in the range of 26 % to 28%.

For earnings history and earnings-related data on MagnaChip (MX) click here.

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