MagnaChip Semiconductor Corporation (MX)
- Zacks
Magnachip (MX) Reports Q1 Loss, Tops Revenue Estimates
Magnachip (MX) delivered earnings and revenue surprises of 15.15% and 0.44%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
- StockStory
Magnachip (NYSE:MX) Reports Q1 In Line With Expectations But Quarterly Guidance Underwhelms
Semiconductor manufacturer Magnachip Semiconductor (NYSE:MX) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 13.9% year on year to $49.07 million. On the other hand, next quarter's revenue guidance of $51.5 million was less impressive, coming in 5.7% below analysts' estimates. It made a non-GAAP loss of $0.28 per share, down from its loss of $0.24 per share in the same quarter last year.
- Business Wire
Magnachip Reports Results for First Quarter 2024
SEOUL, South Korea, May 02, 2024--Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the first quarter 2024.
