2023-05-03 16:13:24 ET
- MagnaChip Semiconductor press release ( NYSE: MX ): Q1 Non-GAAP EPS of -$0.24 misses by $0.04 .
- Revenue of $57M (-45.2% Y/Y) misses by $4M .
- Financial Guidance
- While actual results may vary, Magnachip currently expects the following for Q2 2023:
- Revenue to be in the range of $58 million to $63 million vs $69.33M consensus, including about $8 millions of Transitional Fab 3 Foundry Services.
- Gross profit margin to be in the range of 21% to 23%.
For further details see:
MagnaChip Semiconductor Non-GAAP EPS of -$0.24 misses by $0.04, revenue of $57M misses by $4M