Benzinga | Oct 25, 2021 11:00AM EDT

Recap: MagnaChip Semiconductor Q3 Earnings

MagnaChip Semiconductor (NYSE:MX) reported its Q3 earnings results on Monday, October 25, 2021 at 06:45 AM.

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

Earnings

MagnaChip Semiconductor beat their estimated earnings by 90.91%, which surprised analysts.

Revenue was up $2,187,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $-0.05, which was followed by a 7.06% drop in the share price the next day.

Here's a look at MagnaChip Semiconductor's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.20 0.14 0.13 0.07EPS Actual 0.15 0.22 0.40 0.14Revenue Estimate 129.63M 121.70M 124.40M 121.00MRevenue Actual 113.88M 123.02M 142.94M 124.81M

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