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Magnachip Semiconductor Q2 2024 Earnings Report

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Magnachip Semiconductor EPS Results

Actual EPS
-$0.24
Consensus EPS
-$0.37
Beat/Miss
Beat by +$0.13
One Year Ago EPS
N/A

Magnachip Semiconductor Revenue Results

Actual Revenue
$53.17 million
Expected Revenue
$51.45 million
Beat/Miss
Beat by +$1.72 million
YoY Revenue Growth
N/A

Magnachip Semiconductor Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

Magnachip Semiconductor Earnings Headlines

Magnachip Semiconductor (NYSE:MX) Upgraded at StockNews.com
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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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