MagnaChip (MX) reported Q3 EPS of $0.02, $0.08 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $71.2 million versus the consensus estimate of $106.73 million.
GUIDANCE:
MagnaChip sees Q4 2022 revenue of $57-62 million, versus the consensus of $78.8 million.
- Gross profit margin to be in the range of 26 % to 28%.