CHEONGJU-SI, Korea, Republic Of (AP) — CHEONGJU-SI, Korea, Republic Of (AP) — Magnachip Semiconductor Corp. (MX) on Thursday reported net income of $323,000 in its second quarter.
The Cheongju-Si, Korea, Republic Of-based company said it had net income of 1 cent per share. Losses, adjusted for one-time gains and costs, came to 8 cents per share.
The chip products maker posted revenue of $47.6 million in the period.
For the current quarter ending in September, Magnachip said it expects revenue in the range of $44 million to $48 million.
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