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.
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)
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.