MagnaChip-Magnachip (MX) Q4 Earnings and Revenues Surpass Estimates

Magnachip (MX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of$ 0.22 per share. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 131.82%. A quarter ago, it was expected that this chip products maker would post a loss of$ 0.19 per share when it actually produced a loss of $0.34, delivering a surprise of -78.95%.Over the last four quarters, the ...