SK Hynix ADR Surges as Quarterly Revenue Tops KRW 100 Trillion for First Time
Photo: The Crypto Basic
SK hynix (NASDAQ: SKHY) shares surged more than 8% to $157.88 in Wednesday’s premarket trading after the South Korean chipmaker reported record third-quarter earnings, with quarterly revenue exceeding KRW 100 trillion for the first time in its history. The company reported third-quarter 2026 revenue of KRW 104.62 trillion, up 328% year over year, while operating profit jumped 632% to KRW 83.33 trillion. Its operating margin hit a record 80%, up from 47% a year earlier. Both figures exceeded FnGuide’s consensus estimates. Revenue topped the KRW 98.23 trillion estimate, while operating profit surpassed the KRW 76.96 trillion forecast.
Source: The Crypto Basic
