CHEONGJU-SI, Korea, Republic Of (AP) — CHEONGJU-SI, Korea, Republic Of (AP) — Magnachip Semiconductor Corp. (MX) on Wednesday reported a loss of $6 million in its fourth quarter.
The Cheongju-Si, Korea, Republic Of-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, were 21 cents per share.
The chip products maker posted revenue of $50.8 million in the period.
For the year, the company reported a loss of $36.6 million, or 89 cents per share. Revenue was reported as $230.1 million.
For the current quarter ending in March, Magnachip said it expects revenue in the range of $46 million to $51 million.
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