{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-041145","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.397471+00:00","generated_at":"2026-06-19T08:55:34.024521+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Magnachip Q4 revenue $61M, down 44.7% YoY; full-year loss $0.18 diluted EPS","bullets":["Q4 revenue $61.0M (near high-end of guidance) but down 44.7% YoY due to 28nm OLED wafer shortages and weak Android demand.","Full-year revenue $337.7M, down 28.8% YoY; GAAP diluted loss per share $0.18; non-GAAP diluted EPS $0.19.","Display Solutions segment Q4 revenue $7.6M, down 81.7% YoY; Power Solutions up 1.2% for full year.","Gross profit margin Q4 26.4% (within guidance), full year 30.0% down 240bps due to inventory reserves.","Management expects Display revenue recovery in H2 2023 as four design-in projects ramp."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-041145","json":"https://secwatch.observer/filing/0001193125-23-041145.json","markdown":"https://secwatch.observer/filing/0001193125-23-041145.md","text":"https://secwatch.observer/filing/0001193125-23-041145.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523041145/0001193125-23-041145-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523041145/d644573d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T08:55:34.024521+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":"6e4207c26608baae7987e001adeef6d6fdf64bd4","claim":"MAGNACHIP SEMICONDUCTOR Corp reported the fourth quarter ended December 31, 2022 results: revenue $61.0 million, net income $2,971 thousand, EPS $0.07 per diluted share.","evidence_excerpt":"Magnachip Reports Results for Fourth Quarter and Full-Year 2022 • Fourth quarter revenue of $61.0 million was near the high-end of our guidance range.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523041145/0001193125-23-041145-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$61.0 million"},{"label":"Net income","value":"$2,971 thousand"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d297c2b2f88dee12d64708790e0fd776d845d1fa","claim":"MAGNACHIP SEMICONDUCTOR Corp reported the full year ended December 31, 2022 results: revenue $337.7 million, net income ($8,036) thousand, EPS ($0.18) per diluted share.","evidence_excerpt":"Full-year revenue of $337.7 million decreased 28.8% YoY","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523041145/0001193125-23-041145-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$337.7 million"},{"label":"Net income","value":"($8,036) thousand"},{"label":"EPS","value":"($0.18) per diluted share"},{"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"}