---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275853"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T12:42:54.998846+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q3 revenue $71.2M, GAAP EPS -$0.38; non-GAAP EPS $0.02

## Summary
- Revenue fell to $71.2M from $93.9M YoY; Display revenue down 89% to $6.4M due to OLED wafer shortages.
- GAAP operating loss of $10.0M vs income of $20.0M YoY; gross margin 24.2% hit by $3.3M wafer scrap charge.
- GAAP net loss $17.2M ($0.38 diluted loss); adjusted net income $1.1M or $0.02 non-GAAP diluted EPS.
- Power Solutions revenue $56.4M, down 4% YoY; Transitional Fab 3 revenue $8.4M, down 12%.
- CEO: new OLED DDIC sample released; expect mass production in 2023 and significant Display recovery.

## SEC filing metadata
- accession: 0001193125-22-275853
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2022-11-02T23:59:59+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/1325702/000119312522275853/0001193125-22-275853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312522275853/d378463d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275853
- JSON: https://secwatch.observer/filing/0001193125-22-275853.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275853.txt

## Key facts
- Earnings Releases
  MAGNACHIP SEMICONDUCTOR Corp reported financial results for the third quarter ended September 30, 2022.
  - Period: the third quarter ended September 30, 2022
  - Result: reported results
  source text: Attached hereto as Exhibit 99.1 and incorporated by reference herein is financial information for Magnachip Semiconductor Corporation and its consolidated subsidiaries for the third quarter ended September 30, 2022, as presented in a press release dated November 2, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312522275853/0001193125-22-275853-index.htm

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