MagnaChip Semiconductor (NYSE:MX) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.32) by 75 percent. This is a 153.33 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $40.570 million which beat the analyst consensus estimate of $40.500 million by 0.17 percent. This is a 20.69 percent decrease over sales of $51.153 million the same period last year.