MagnaChip (MX) Tops Q2 EPS by 8c, Q3 Revenue Guidance Falls Short

MagnaChip (NYSE: MX) reported Q2 EPS of ($0.32), $0.08 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $162 million versus the consensus estimate of $160.1 million.

MagnaChip sees Q3 2015 revenue of $145-155 million, versus the consensus of $167.03 million.

• Gross profit to be 20% to 22% as a percent of revenue

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

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