MagnaChip Semiconductor (NYSE: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:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.22 | 0.20 | 0.14 |
| EPS Actual | 0.31 | 0.42 | 0.15 | 0.22 |
| Revenue Estimate | 122.30M | 126.93M | 129.63M | 121.70M |
| Revenue Actual | 110.33M | 127.00M | 113.88M | 123.02M |
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.
