Magnachip (MX) Reports Q2 Loss, Tops Revenue Estimates
MXMagnaChip(MX) ZACKS·2024-08-01 07:30

Magnachip (MX) came out with a quarterly loss of 0.21pershareversustheZacksConsensusEstimateofalossof0.21 per share versus the Zacks Consensus Estimate of a loss of 0.32. This compares to loss of 0.06pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof34.380.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.38%. A quarter ago, it was expected that this chip products maker would post a loss of 0.33 per share when it actually produced a loss of $0.28, delivering a surprise of 15.15%.Over the last four quarters, the company has surp ...