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MagnaChip Semiconductor Q3 2023 Adj EPS $(0.04) Beats $(0.17) Estimate, Sales $61.24M Miss $61.83M Estimate

Author: Benzinga Newsdesk | November 02, 2023 05:27pm
MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.17) by 76.47 percent. This is a 300 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $61.24 million which missed the analyst consensus estimate of $61.83 million by 0.95 percent. This is a 13.98 percent decrease over sales of $71.20 million the same period last year.

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