MagnaChip Semiconductor Corporation provided an update earnings guidance for the fourth quarter ended December 31, 2019. The company revenue expected to be in the range of $198 million - $200 million, and gross profit margin is expected to be in the range of 26%-27%, based on unaudited preliminary financial estimates. This updated guidance for the fourth quarter compares to the company's previous guidance of revenue to be in the range of $181 million - $191 million and gross profit margin to be in the range of 24%-26%.