CHEONGJU-SI, Korea, Republic Of (AP) — CHEONGJU-SI, Korea, Republic Of (AP) — Magnachip Semiconductor Corp. (MX) on Thursday reported a loss of $15.4 million in its first quarter.
On a per-share basis, the Cheongju-Si, Korea, Republic Of-based company said it had a loss of 40 cents. Losses, adjusted for one-time gains and costs, came to 28 cents per share.
The chip products maker posted revenue of $49.1 million in the period.
For the current quarter ending in June, Magnachip said it expects revenue in the range of $49 million to $54 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MX at https://www.zacks.com/ap/MX
