MagnaChip Semiconductor Corp MX.N, MX is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025
The Luxembourg Luxembourg-based company is expected to report a 9.3% decrease in revenue to $44.5 million from $49.07 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on March 12 2025, for the period ended March 31, was for revenue between $42.00 million and $47.00 million.
LSEG's mean analyst estimate for MagnaChip Semiconductor Corp is for a loss of 22 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for MagnaChip Semiconductor Corp is $6.00, above its last closing price of $3.28.
The company's guidance on March 12 2025 for the period ended March 31 was for gross profit margin between USD18.5% and USD20.5%.
This summary was machine generated May 9 at 20:31 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)