MagnaChip Revenue of $200.0 Million At High-End of Updated Q4 2019 Guidance Range; OLED Revenue of $67.3 Million in Fourth Quarter Up Two-Fold Year-Over-Year

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Go back to MagnaChip Revenue of $200.0 Million At High-End of Updated Q4 2019 Guidance Range; OLED Revenue of $67.3 Million in Fourth Quarter Up Two-Fold Year-Over-Year

MagnaChip (MX) Tops Q4 EPS by 24c

February 19, 2020 4:44 PM EST

MagnaChip (NYSE: MX) reported Q4 EPS of $0.38, $0.24 better than the analyst estimate of $0.14. Revenue for the quarter came in at $200 million versus the consensus estimate of $199 million.

CEO YJ Kim comments on Coronavirus and Q1 2020 financial guidance, "On behalf of MagnaChip, let me extend our deepest thoughts and prayers to those coping with the impact of the COVID-19 coronavirus in China and elsewhere. From a business perspective, we are still assessing the potential impact... More