MagnaChip Reports Second Quarter 2015 Financial Results

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

August 6, 2015 6:12 PM EDT

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... More