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SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. (Jenny Lee/CNBC)

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In short

SK Hynix reported a 328% YoY increase in Q3 revenue to $78.8 billion, surpassing previous estimates, and a 632% YoY increase in operating profit to $62.76 billion, significantly exceeding previous estimates. This performance underscores strong financial growth.

Key points

  • SK Hynix reported a substantial increase in both revenue and operating profit.: SK Hynix reported a substantial increase in both revenue and operating profit.
  • This performance highlights strong financial growth for the company.: This performance highlights strong financial growth for the company.

Sources checked by our analysis pipeline: 1

Jenny Lee / CNBC : SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est.   —  Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Original source: www.techmeme.com

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