MagnaChip Semiconductor Corporation (NYSE:MX) management will conduct a conference call for 29th October 2020 at 5:00 PM Eastern Time to discuss financial results and companys performance for 3Q20.
The conference call will also be available live on the website www.magnachip.com
Earnings Expectation
MagnaChip Semiconductor Corporation is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.07 per share from revenue of $ 121.00 million. Looking ahead, the full year income are expected at $ 0.26 per share on the revenues of $ 473.20 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 118.00 million ~ $ 124.00 million
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MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. The company operates through two segments, Foundry Services Group and Standard Products Group. The Foundry Services Group segment provides analog and mixed-signal foundry services for fabless and integrated device manufacturer semiconductor companies to manufacture a range of products, including display drivers, light emitting diode (LED) drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotive, electronic tag memories, and power management semiconductors.