Investing.com - MagnaChip (NYSE: MX) reported third quarter EPS of $-0.04, $0.13 better than the analyst estimate of $-0.17. Revenue for the quarter came in at $61.2M versus the consensus estimate of $61.82M.
Guidance
MagnaChip sees Q4 2023 revenue of $50.00M-$55.00M versus the analyst consensus of $62.23M.
MagnaChip's stock price closed at $7.76. It is down -16.29% in the last 3 months and down -18.32% in the last 12 months.
MagnaChip saw 1 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See MagnaChip's stock price’s past reactions to earnings here.
According to InvestingPro, MagnaChip's Financial Health score is "weak performance".
Check out MagnaChip's recent earnings performance, and MagnaChip's financials here.
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