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MagnaChip Semiconductor Q2 Adj EPS $(0.06) Beats $(0.23) Estimate, Sales $60.98M Beat $60.50M Estimate

Author: Benzinga Newsdesk | August 07, 2023 04:59pm
MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.23) by 73.91 percent. This is a 126.09 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $60.98 million which beat the analyst consensus estimate of $60.50 million by 0.79 percent. This is a 39.85 percent decrease over sales of $101.38 million the same period last year.

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