MagnaChip (MX) Tops Q2 EPS by 5c, Issues Low Guidance

MagnaChip (NYSE: MX) reported Q2 EPS of $0.23, $0.05 better than the analyst estimate of $0.18. Revenue for the quarter came in at $101.4 million versus the consensus estimate of $101.13 million.

GUIDANCE:

MagnaChip sees Q3 2022 revenue of $70-75 million, versus the consensus of $106.73 million.

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

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