Magnachip (MX) Reports Q4 Loss, Beats Revenue Estimates

Magnachip (MX) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +75.00%. A quarter ago, it was expected that this chip products maker would post a loss of $0.08 per share when it actually produced a loss of $0.01, delivering a surprise of +87.5%.Over the last four quarters, the company has ...