Magnachip Reports Results for Third Quarter 2022

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MagnaChip (MX) Misses Q3 EPS by 8c

November 2, 2022 4:51 PM EDT

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... More