MagnaChip Semiconductor

MagnaChip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal platform solutions for communications, Internet of Things (IoT) applications, consumer, industrial, and automotive applications. Its products include MOSFETs; IGBTs; AC-DC/DC-DC converters; light-emitting diode (LED) drivers; regulators; power management integrated circuits (PMICs); and industrial applications such as power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives. The company was founded on November 26, 2003 and is headquartered in Luxembourg.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MagnaChip Semiconductor navigates challenges, eyes growth opportunities in 2023

MagnaChip Semiconductor faced challenges in 2022 but showcased resilience and strategic initiatives to drive future success.
The company reported Q4 revenue decline but highlighted positive developments for 2023, emphasizing growth opportunities and new wins in key segments.
With a focus on new product introductions, sales momentum, and OLED expansion, MagnaChip aims to overcome challenges and capitalize on emerging opportunities for sustainable growth.

MagnaChip Semiconductor reports Q1 revenue decline but eyes Q2 growth

MagnaChip Semiconductor faced revenue declines in Q1 but showcased resilience with a strong cash position and debt-free status.
Challenges include operating and net losses, primarily driven by weak demand in certain markets.
Opportunities lie in the company's guidance for Q2 revenue and the emphasis on design wins and product innovations.

MagnaChip Semiconductor reports Q2 revenue decline but shows resilience

MagnaChip Semiconductor faced revenue declines but improved gross margin and initiated a new buyback program.
Challenges include significant YoY revenue drops, operating losses, and reduced cash reserves.
Opportunities lie in business separation, planned investments, and forecasted revenue growth for Q3.

MagnaChip Semiconductor reports Q3 results, plans business separation for growth

MagnaChip Semiconductor navigated mixed Q3 results with revenue decline but sequential improvement, driven by Display and Power business performance.
The company faces challenges in profitability and market conditions but aims to capitalize on opportunities through business separation and strategic initiatives.
With a solid cash position and plans for business restructuring, MagnaChip is positioned to address challenges, leverage strengths, and pursue growth opportunities.

MagnaChip Semiconductor focuses on China growth amid revenue challenges

MagnaChip Semiconductor's Q4 performance showed resilience in Power business revenue despite declines in Display business
The company's strategic shifts towards China and higher-margin products position it for growth in 2024
Challenges include declining revenues in key segments and margin impact from transitional services wind-down
Opportunities lie in transitioning Gumi fab, market penetration in China, and product portfolio enhancements

MagnaChip Semiconductor reports Q1 revenue decline but anticipates recovery

MagnaChip Semiconductor faced revenue declines and margin pressure in Q1 2024, driven by operational challenges.
However, strong sequential growth in PAS and diversified product offerings position the company for potential recovery.
Optimizing operational efficiency, addressing revenue challenges, and capitalizing on growth opportunities will be key focus areas.
Anticipated revenue ranges for Q2 2024 indicate resilience and potential for improved performance.

MagnaChip beats Q2 revenue expectations, eyes China expansion for growth

MagnaChip Semiconductor's Q2 performance exceeded guidance, driven by sequential revenue growth and strong gross margins.
While facing challenges such as YoY revenue decline and increased expenses, the company is focusing on growth opportunities.
Strategic initiatives in China expansion, new products, and fab capacity utilization position MagnaChip for future success.
Overall, MagnaChip's emphasis on innovation and operational efficiency sets the stage for sustained growth and margin improvement.

MagnaChip reports robust Q3 revenue growth and strategic focus

MagnaChip Semiconductor delivered strong revenue growth in Q3 2024, driven by PAS and MSS segments.
While facing challenges in profitability, the company is strategically focusing on core business areas.
Opportunities lie in innovation, growth projections, and strategic planning for future success.
Overall, MagnaChip's financial position and growth prospects position it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Magnachip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal platform solutions for communications, Internet of Things (IoT) applications, consumer, industrial, and automotive applications. Its products include MOSFETs; IGBTs; AC-DC/DC-DC converters; light-emitting diode (LED) drivers; regulators; power management integrated circuits (PMICs); and industrial applications such as power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives. The company was founded on November 26, 2003 and is headquartered in Cheongju-si, South Korea.

SEOUL, South Korea, Jan. 3, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that Ms. Shinyoung Park has been promoted to Chief Financial Officer, effective as of January 1, 2022.

Magnachip Semiconductor Names Ms. Shinyoung Park as Chief Financial Officer

Does Magnachip (MX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Magnachip (MX) Is Up 6.49% in One Week: What You Should Know

MagnaChip Semiconductor Corp's (NYSE: MX) board approved a share buyback program of up to $75 million. MagnaChip forged an accelerated stock repurchase agreement with JPMorgan Chase Bank, National Association to repurchase an aggregate of $37.5 million of Magnachip's common stock.

MagnaChip Ratifies $75M Share Buyback

SEOUL, South Korea, Dec. 21, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), announced today that the Board of Directors has authorized the Company to repurchase up to $75 million of the Company's common stock.  As an immediate step towards implementing the approved stock repurchase program, the Company has entered into an accelerated stock repurchase agreement (the "ASR Agreement") with JPMorgan Chase Bank, National Association ("JPM") to repurchase an aggregate of $37.5 million of Magnachip's common stock.

Magnachip Announces New $75 Million Stock Repurchase Program

Merger arbs often have narrow mandates. When deals break, they sell.

Arbs Stink At Selling, So Buy Magnachip

Magnachip failed a CFIUS review. That's unfortunate as I would have liked to receive $29 per share.

Magnachip: Deal Breaks But Shares Remain Attractive Into January Catalyst

SEOUL, South Korea, Dec. 13, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), the U.S. (Delaware) parent of Magnachip Semiconductor, Ltd., and South Dearborn Limited, a company incorporated in the Cayman Islands, and Michigan Merger Sub, Inc., a Delaware corporation, which are investment vehicles established by Wise Road Capital LTD and certain of its limited partners ("Wise Road"), today announced that they received permission from the Committee on Foreign Investment in the United States ("CFIUS") to withdraw their joint CFIUS filing in relation to their proposed transaction (the "Merger") and will be terminating their previously announced definitive merger agreement.

Magnachip and Wise Road Capital Announce Withdrawal of CFIUS Filing and Mutual Termination of Merger Agreement

GEO Group

MarineMax

When seeking value opportunities, investors could be interested in the following stocks, since their prices are trading at a discount to the intrinsic value calculated by GuruFocus' earnings-based discounted cash flow (DCF) calculator.

3 Stocks That Appear to Be Undervalued

MACOM Technology Solutions Holdings

MX vs. MTSI: Which Stock Is the Better Value Option?

MagnaChip Semiconductor Corp (NYSE: MX) reported third-quarter FY21 revenue growth of 1.8% year-on-year to $127 million, beating the consensus of $126.93 million. Segments: Display Solutions revenue declined 15.9% Y/Y to $58.5 million.

MagnaChip Clocks 2% Revenue Growth In Q2, Beats Consensus

Magnachip (MX) delivered earnings and revenue surprises of 90.91% and -3.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Magnachip (MX) Q3 Earnings Surpass Estimates

Gross profit margin surged, but there weren't a lot of sales to profit from.

Why MagnaChip Semiconductor Stock Popped Today

SEOUL, South Korea, Oct. 25, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced its financial results for the third quarter 2021. "Magnachip delivered solid third quarter results driven mainly by higher gross profit margin.

Magnachip Reports Results for Third Quarter 2021

Magnachip (MX) delivered earnings and revenue surprises of -28.57% and -13.14%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Magnachip (MX) Misses Q2 Earnings and Revenue Estimates

SEOUL, South Korea, Aug. 5, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the second quarter 2021. "Despite sustained demand across our product portfolio, our Display business revenue was negatively impacted by severe supply constraints that continued to deepen in the second quarter.

Magnachip Reports Results for Second Quarter 2021

Magnachip (MX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magnachip (MX) Earnings Expected to Grow: Should You Buy?

Magnachip Semiconductor Corporation agreed to be acquired by Wise Road Capital, a Chinese private equity firm, in return for $29 per share in cash.

Magnachip Semiconductor Corporation: Assessing The Regulatory Risks

SINGAPORE--(BUSINESS WIRE)---- $MX #BLOCKCHAIN--MEXC Global, a leading exchange for spot and derivatives trading, is delighted to add Kishu Inu (KISHU) to the Innovation Zone under the KISHU/USDT trading pair. Deposits and withdrawals for the newly listed token opened on June 27, while KISHU/USDT trading commenced on June 28 at around noon (UTC). KISHU Deposit and Trading Contest To celebrate the new listing, the Kishu Inu team rolled out a KISHU Deposit and Trading Contest on MEXC, with prizes totalling an outsta

MEXC Global Welcomes Kishu Inu (KISHU) To Its Innovation Zone

SINGAPORE--(BUSINESS WIRE)---- $MX #BLOCKCHAIN--Leading crypto exchange platform MEXC Global, has inked a strategic partnership with Travala.com, a cryptocurrency-friendly online travel agency. This will see Travala.com integrate MX tokens with its payment system. MEXC users will pay for all of their bookings in its native MX tokens. What Does This Mean to MX Holders? The partnership gives MEXC users access to a diverse range of Travala.com listings from around the world. MX token holders can utilize their tokens

MEXC and Travala.com Join Hands in New Frictionless Payments Deal

SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- As previously announced, on March 25, 2021, Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX), the South Korean leader in display and power solutions, entered into an Agreement and Plan of Merger (the "Merger Agreement") with South Dearborn Limited, an exempted company incorporated in the Cayman Islands with limited liability ("Parent") formed by an affiliate of Wise Road Capital LTD ("Wise Road"), and Michigan Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which, among other things, and subject to the terms and conditions thereof, Merger Sub will be merged with and into Magnachip (the "Merger"), with Magnachip continuing its corporate existence under the General Corporation Law of the State of Delaware as the surviving corporation in the Merger and becoming a wholly owned subsidiary of Parent. In connection with the Merger, the Company filed its definitive proxy statement on Schedule 14A with the U.S. Securities and Exchange Commission (the "SEC") on May 7, 2021 (as amended and supplemented, the "Proxy Statement").

Magnachip Announces Postponement of Special Meeting of Stockholders Pending Further Developments with respect to Interim Order from CFIUS

New York, New York--(Newsfile Corp. - June 11, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) stock prior to March 25, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Magnachip to investment vehicles established by Wise Road C

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Magnachip Semiconductor Corporation to Investment Vehicles Established by Wise Road Capital LTD

The South Korean semiconductor company just got a second acquisition offer.

Why Magnachip Semiconductor Stock Soared Today

South Korean display and power solutions provider MagnaChip Semiconductor Corp (NYSE: MX) confirmed Cornucopia Investment Partners' unsolicited proposal to acquire MagnaChip for $35 per share in cash. The proposal also represented investors, including financial sponsors led by Tim Crown, Yango financial holdings, Sino-Rock Investment Management Company Limited, and Lombarda China Fund.

Cornucopia Investment Offers To Acquire MagnaChip For $35/Share In Cash

The stock price of Magnachip Semiconductor Corp (NYSE: MX) increased by over 20% pre-market. This is why it happened.

MX Stock Price: Over 20% Increase Pre-Market Explanation

Shares of Magnachip Semiconductor Corp. shot up 15.8% in premarket trading Friday, after the South Korea-based chipmaker confirmed that it received an unsolicited buyout bid representing a premium of more than 50%. The company said Cornucopia Investment Partners, on behalf of itself and a group of investors, has offered to buy all of Magnachip's outstanding shares for $35 in cash, which is 51.8% above Thursday's closing price of $23.05 and would value the company at about $1.66 billion.

News for MagnaChip Semiconductor Stock (MX)