MagnaChip Semiconductor Q3 Adj. EPS $(0.29) Misses $(0.20) Estimate, Sales $43.978M Miss $47.500M Estimate

Benzinga Newsdesk 5 hours ago

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MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.20) by 45 percent. This is a 2800 percent decrease over losses of $(0.01) per share

MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.20) by 45 percent. This is a 2800 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $43.978 million which missed the analyst consensus estimate of $47.500 million by 7.41 percent. This is a 4.28 percent decrease over sales of $45.946 million the same period last year.

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