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SK Hynix reports Q2 revenue up 257% YoY to ~$54.34B, below ~$57.56B est., and operating profit up 557% YoY to ~$41.48B, below analyst estimate of ~$43.85B (Jenny Lee/CNBC)

Techmeme ·
The quarter was huge against last year and still short of the Street’s bar.

SK Hynix said Q2 revenue rose 257% year over year to about $54.34B, below the roughly $57.56B estimate. Operating profit climbed 557% to about $41.48B, also under the roughly $43.85B analysts expected. The captured item gives no further company explanation. Techmeme's note

score 6

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