{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-022718","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.386691+00:00","generated_at":"2026-06-16T00:31:34.947138+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Magnachip Q1 revenue $57M, down 45% YoY; GAAP loss $0.49 per share","bullets":["Revenue of $57.0M, within guidance, but down 45.2% YoY due to wafer shortage and inventory correction.","GAAP diluted loss per share $0.49; non-GAAP diluted loss per share $0.24.","Gross profit margin 21.2% (low end of guidance), down from 37.5% a year ago.","Display Solutions revenue $10.8M (-62.9% YoY); Power Solutions $40.7M (-37.3%).","CEO expects recovery in H2 2023 but near-term results remain soft."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-022718","json":"https://secwatch.observer/filing/0001140361-23-022718.json","markdown":"https://secwatch.observer/filing/0001140361-23-022718.md","text":"https://secwatch.observer/filing/0001140361-23-022718.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000114036123022718/0001140361-23-022718-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000114036123022718/brhc20052425_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T00:31:34.947138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6b1a42b7e9ab7464b891f5854fb3e20e40e98a07","claim":"MAGNACHIP SEMICONDUCTOR Corp reported first quarter ended March 31, 2023 results: revenue $57.0 million, net income Net Income (Loss) (21,470), EPS GAAP diluted loss per share was $0.49.","evidence_excerpt":"Magnachip Reports Results for First Quarter 2023 • Revenue of $57.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000114036123022718/0001140361-23-022718-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$57.0 million"},{"label":"Net income","value":"Net Income (Loss) (21,470)"},{"label":"EPS","value":"GAAP diluted loss per share was $0.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}