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 (Yoolim Lee/Bloomberg)

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


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