MagnaChip Semiconductor: Q1 Earnings Insights

MagnaChip Semiconductor MX reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

MagnaChip Semiconductor beat estimated earnings by 16.67%, reporting an EPS of $0.28 versus an estimate of $0.24.

Revenue was down $18.93 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.75% drop in the share price the next day.

Here's a look at MagnaChip Semiconductor's past performance:

To track all earnings releases for MagnaChip Semiconductor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.