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

MagnaChip Semiconductor

05/08/2021 23:27

* MagnaChip Semiconductor Corp  MX.N  reported quarterly
adjusted earnings of 15 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 20 cents per share.
* Revenue fell 4.2% to $113.88 million from a year ago; 
analysts expected $129.63 million. 
* MagnaChip Semiconductor Corp's reported EPS for the quarter
was breakeven results​.
* The mean earnings estimate of analysts had risen by about 4.9%
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 fallen by 13.1% this
quarter and gained 53.3% so far this year.
* The company reported a quarterly loss of $198 thousand.
* Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $30.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 5 at 10:27 p.m.  ​All
figures in US dollars unless otherwise stated