Magnachip Earnings: What To Look For From MX

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Magnachip Earnings: What To Look For From MX

Markets & Money Today | 2 Min News | The Daily News Now!

2 minutes 12 seconds

1 day ago

Magnachip Earnings: What To Look For From MX

Magnachip Semiconductor gears up for earnings announcement, aiming to reverse revenue decline and meet analyst expectations. Despite beating revenue estimates last quarter, the company's forecast for this quarter's revenue fell short, projecting a nearly 31% drop. Analysts predict an adjusted loss of twelve cents per share. With competitors like Impinj and Monolithic Power Systems reporting mixed results, investors await Magnachip's earnings call with cautious optimism.

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