Loading...
•
Sep 30, 2021
MagnaChip Q3 2021 Earnings Report
Solid third quarter results were delivered, driven by higher gross profit margin.
Key Takeaways
Magnachip reported a revenue of $127.0 million, up 1.8% year-over-year, and a gross profit margin of 36.7%, up 1,380 bps year-over-year. GAAP net income was $10.8 million, or $0.23 per diluted share, and non-GAAP net income was $20.1 million, or $0.42 per diluted share.
Third quarter revenue was up 11.5% sequentially and up 1.8% year-over-year.
Gross profit margin was 36.7%, up 690 bps sequentially and up 1,380 bps year-over-year.
GAAP net income was $10.8 million or $0.23 per diluted share.
Non-GAAP net income was $20.1 million or $0.42 per diluted share.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...