MagnaChip: Q3 non-GAAP EPS of -$0.29 and revenue of $43.9M
FROM THE WIRE · SEEKINGALPHA.COM
* MagnaChip Semiconductor press release [https://seekingalpha.com/pr/20713633-magnachip-reports-results-for-third-quarter-2026] (MX [https://seekingalpha.com/symbol/MX]): Q3 Non-GAAP EPS of -$0.29. * Revenue of $43.9M (-4.5% Y/Y). * Q4 2026 Financial Guidance While actual…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue down year over year and a lower guided gross margin weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q3 revenue was $43.9M, down 4.5% year over year.
- 02Q4 2026 revenue is expected between $41 and $45 million.
- 03Gross margin is guided to 10% to 12%, versus 14.0% in Q3.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets