Magnachip: Q2 Earnings Snapshot
LUXEMBOURG (AP) _ Magnachip Semiconductor Corp. (MX) on Monday reported a loss of $3.3 million in its second quarter.
The Luxembourg-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 23 cents per share.
The chip products maker posted revenue of $101.4 million in the period.
For the current quarter ending in October, Magnachip said it expects revenue in the range of $70 million to $75 million.