Magnachip (MX) Reports Q1 Loss, Beats Revenue Estimates
Magnachip (MX) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +50.00%. A quarter ago, it was expected that this chip products maker would post a loss of $0.32 per share when it actually produced a loss of $0.08, delivering a surprise of +75%.Over the last four quarters, the company has surp ...