|Bid||11.02 x 800|
|Ask||11.11 x 1000|
|Day's range||10.98 - 11.21|
|52-week range||6.30 - 16.06|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||17.67|
Ladies and gentlemen, thank you for standing by and welcome to Q1 2020 MagnaChip Semiconductor Corporate earnings conference call.[Operator instructions] I would now like to hand the conference over to your speaker today, Mr. Bruce Entin, head of investor relations. Thank you for joining us to discuss MagnaChip's financial results for the first quarter ended March 31, 2020. Joining me today are YJ Kim, Magnachip's chief executive officer; and Shin Young Park, our chief accounting officer.
Magnachip (MX) delivered earnings and revenue surprises of -80.00% and 2.61%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
LUXEMBOURG (AP) _ Magnachip Semiconductor Corp. (MX) on Wednesday reported a loss of $23.7 million in its first quarter. The Luxembourg-based company said it had a loss of 68 cents per share. The chip products maker posted revenue of $197 million in the period.
The IDC has warned that semiconductor revenues might decline in 2020. However, rebounding smartphone sales and 5G boom may help the space.
MagnaChip's (MX) Q1 results are likely to have gained from a strong OLED display driver portfolio. However, coronavirus-led demand disruptions are likely to have been an overhang.
Magnachip (MX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Analyst Blog Highlights: Avid Technology, Build-A-Bear Workshop, JAKKS Pacific, Kaleyra and MagnaChip Semiconductor
Zacks.com featured highlights include: MagnaChip Semiconductor, Dropbox, Enphase Energy and eXp World
Here we have picked four top-ranked tech stocks that are fundamentally strong and have potential to grow once the coronavirus crisis dissipates.
Magnachip (MX) delivered earnings and revenue surprises of 60.00% and 0.50%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
LUXEMBOURG (AP) _ Magnachip Semiconductor Corp. (MX) on Wednesday reported fourth-quarter net income of $23.4 million, after reporting a loss in the same period a year earlier. The Luxembourg-based company said it had net income of 54 cents per share. For the current quarter ending in April, Magnachip said it expects revenue in the range of $180 million to $195 million.