FILING ANALYSIS · WEDNESDAY, NOVEMBER 4
MAGNACHIP SEMICONDUCTOR Corp MX — 8-K: Results of Operations and Financial Condition
negative
The company reported Q3 revenue of $44.0 million, within guidance, but gross profit margin of 14.0% was below expectations due to unfavorable foreign exchange movements, and operating loss widened to $12.9 million. The Q4 guidance implies a sequential decline in revenue.
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