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MagnaChip Semiconductor Q1 2024 Adj EPS $(0.28) Beats $(0.33) Estimate, Sales $49.067M Beat $48.733M Estimate

Benzinga ·  May 2 16:31

MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.28) per share which beat the analyst consensus estimate of $(0.33) by 15.15 percent. This is a 16.67 percent decrease over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $49.067 million which beat the analyst consensus estimate of $48.733 million by 0.68 percent. This is a 13.93 percent decrease over sales of $57.005 million the same period last year.

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