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Magnachip Semiconductor Q3 2023 Earnings Report

Magnachip Semiconductor logo
$3.87 +0.10 (+2.65%)
(As of 12/20/2024 05:31 PM ET)

Magnachip Semiconductor EPS Results

Actual EPS
-$0.08
Consensus EPS
-$0.24
Beat/Miss
Beat by +$0.16
One Year Ago EPS
N/A

Magnachip Semiconductor Revenue Results

Actual Revenue
$61.25 million
Expected Revenue
$61.75 million
Beat/Miss
Missed by -$500.00 thousand
YoY Revenue Growth
N/A

Magnachip Semiconductor Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Magnachip Semiconductor Earnings Headlines

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
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About Magnachip Semiconductor

Magnachip Semiconductor (NYSE:MX), together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju-si, South Korea.

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