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SK Hynix reports Q4 operating profit of $259M, versus estimates of a $127M loss, and revenue up 47% YoY to $8.4B, beating even the highest analyst


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2024-01-25 02:12:47
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Yoolim Lee / Bloomberg:

SK Hynix reports Q4 operating profit of ~$259M, versus estimates of a ~$127M loss, and revenue up 47% YoY to ~$8.4B, beating even the highest analyst forecast  —  - It swings to profit after four consecutive quarterly losses  — AI demand boom has lifted No. 2 memory chipmaker's shares




Yoolim Lee / Bloomberg:

SK Hynix reports Q4 operating profit of ~$259M, versus estimates of a ~$127M loss, and revenue up 47% YoY to ~$8.4B, beating even the highest analyst forecast  —  - It swings to profit after four consecutive quarterly losses  — AI demand boom has lifted No. 2 memory chipmaker's shares



Source: TechMeme
Source Link: http://www.techmeme.com/240124/p36#a240124p36


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