---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-214908"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:39:10.797948+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q2 revenue falls 11% YoY to $101.4M; GAAP loss $0.07, non-GAAP EPS $0.23

## Summary
- Revenue of $101.4M, down 11% YoY and 2.6% sequentially; Power Solutions up 11.1% YoY.
- GAAP diluted loss per share $0.07; non-GAAP diluted EPS $0.23.
- Gross profit margin 28.6%, down 890 bps sequentially due to inventory reserve, higher foundry cost, unfavorable mix.
- Board reaffirms remaining $37.5M stock repurchase program; activates Strategic Review Committee to explore alternatives.

## SEC filing metadata
- accession: 0001193125-22-214908
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312522214908/0001193125-22-214908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312522214908/d390397d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-214908
- JSON: https://secwatch.observer/filing/0001193125-22-214908.json
- Plain text: https://secwatch.observer/filing/0001193125-22-214908.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.