MagnaChip Semiconductor (NYSE:MX) reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

MagnaChip Semiconductor beat estimated earnings by 27.78%, reporting an EPS of $0.23 versus an estimate of $0.18.

Revenue was down $12.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 0.49% drop in the share price the next day.

Here's a look at MagnaChip Semiconductor's past performance:

To track all earnings releases for MagnaChip Semiconductor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.