Magnachip Expects Q3 Consolidated Revenue Of $61.5M - $66.5M, Est $62.5M
Portfolio Pulse from Benzinga Newsdesk
Magnachip Semiconductor Corporation (MX) has announced its expected Q3 consolidated revenue to be in the range of $61.5 million to $66.5 million, with an estimate of $62.5 million.
July 31, 2024 | 9:13 pm
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Magnachip Semiconductor Corporation (MX) has announced its expected Q3 consolidated revenue to be in the range of $61.5 million to $66.5 million, with an estimate of $62.5 million.
The announcement of expected Q3 revenue within a specific range provides investors with a clearer financial outlook for Magnachip Semiconductor. The midpoint of the range is above the estimate, which could be seen as a positive indicator for the company's performance.
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