Magnachip: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 02:10 AM ET
Last Updated - Aug 01, 2024, 02:10 AM EDT
CHEONGJU-SI, Korea, Republic Of (AP) — CHEONGJU-SI, Korea, Republic Of (AP) — Magnachip Semiconductor Corp. (MX) on Wednesday reported a loss of $13 million in its second quarter.
The Cheongju-Si, Korea, Republic Of-based company said it had a loss of 34 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 21 cents per share.
The chip products maker posted revenue of $53.2 million in the period.
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