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Magnachip: Q3 Earnings Snapshot
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CHEONGJU-SI, Korea, Republic Of (AP) — CHEONGJU-SI, Korea, Republic Of (AP) — Magnachip Semiconductor Corp. (MX) on Wednesday reported a loss of $12.5 million in its third quarter.

The Cheongju-Si, Korea, Republic Of-based company said it had a loss of 34 cents per share. Losses, adjusted for one-time gains and costs, were 29 cents per share.

The chip products maker posted revenue of $44 million in the period.

For the current quarter ending in December, Magnachip said it expects revenue in the range of $41 million to $45 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MX at https://www.zacks.com/ap/MX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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