MagnaChip Semiconductor Corp reports results for the quarter ended in December - Earnings Summary

MagnaChip Semiconductor

16/02/2023 22:03

* MagnaChip Semiconductor Corp  MX.N  reported a quarterly
adjusted loss of 36 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of 20 cents per share.
    * Revenue fell 44.7% to $60.99 million from a year ago;
analysts
expected $59.67 million. 
    * MagnaChip Semiconductor Corp's reported EPS for the
quarter was
7 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MagnaChip Semiconductor Corp shares had risen by 9.4% this
quarter.
    * The company reported quarterly net income of $2.97
million.
    * Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.20          -0.36          Missed
 Sep. 30 2022      -0.06          0.02           Beat
 Jun. 30 2022      0.18           0.23           Beat
 Mar. 31 2022      0.24           0.28           Beat