---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-277931"
form_type: "8-K/A"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:40:01.252293+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q3 2022 revenue $71.2M; GAAP loss $0.38/sh; non-GAAP EPS $0.02; corrects 9mo 2021 non-GAAP EPS

## Summary
- Revenue $71.2M within guidance; Display down 89% YoY due to OLED wafer shortages; Power down 4% YoY.
- GAAP net loss $17.2M ($0.38 diluted) vs. net income $10.8M ($0.23 diluted) in Q3 2021.
- Non-GAAP adjusted net income $1.1M; diluted EPS $0.02 vs. $0.42 in Q3 2021.
- Gross margin 24.2% below guidance range due to $3.3M scrap charge; operating loss $10.0M.
- Corrects 9mo 2021 non-GAAP basic EPS to $0.82 and diluted to $0.78; no other amounts changed.

## SEC filing metadata
- accession: 0001193125-22-277931
- form_type: 8-K/A
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312522277931/0001193125-22-277931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312522277931/d414556d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-277931
- JSON: https://secwatch.observer/filing/0001193125-22-277931.json
- Plain text: https://secwatch.observer/filing/0001193125-22-277931.txt

## Key facts
- Earnings Releases
  MAGNACHIP SEMICONDUCTOR Corp reported third quarter of 2022 results: revenue $71.2 million, net income $17,195 thousand, EPS (0.38) per diluted share.
  - Period: third quarter of 2022
  - Revenue: $71.2 million
  - Net income: $17,195 thousand
  - EPS: (0.38) per diluted share
  - Result: reported results
  source text: Revenue of $71.2 million was within our guidance range.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312522277931/0001193125-22-277931-index.htm

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