{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-269394","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.607434+00:00","generated_at":"2026-06-08T23:33:47.779357+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Magnachip Q3 2023 revenue $61.2M inline; GAAP loss $0.13/sh, cash $166.6M no debt","bullets":["Revenue $61.2M in-line; GAAP diluted EPS -$0.13, non-GAAP -$0.04; operating loss $9.2M.","Gross margin 23.6% up 140bp QoQ; Power Solutions revenue $45.2M (+8.4% QoQ, -19.9% YoY).","Ended Q3 with $166.6M cash, zero debt; repurchased $5.4M stock during quarter.","Internal separation of Display and Power businesses expected effective Jan 1, 2024.","CEO expects soft demand from Q4 seasonality and inventory correction; maintains long-term OLED optimism."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-269394","json":"https://secwatch.observer/filing/0001193125-23-269394.json","markdown":"https://secwatch.observer/filing/0001193125-23-269394.md","text":"https://secwatch.observer/filing/0001193125-23-269394.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523269394/0001193125-23-269394-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523269394/d557243d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:33:47.779357+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":"20163f2f66db986f9c7e1f3e059f6387b88590fb","claim":"MAGNACHIP SEMICONDUCTOR Corp reported the third quarter ended September 30, 2023 results: revenue $61.2 million, EPS GAAP diluted loss per share was $0.13.","evidence_excerpt":"Magnachip Reports Results for Third Quarter 2023 • Revenue of $61.2 million was in-line with guidance. • Gross profit margin of 23.6% increased 140 basis points from Q2, mainly driven by higher fab utilization. • GAAP diluted loss per share was $0.13.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312523269394/0001193125-23-269394-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$61.2 million"},{"label":"EPS","value":"GAAP diluted loss per share was $0.13"},{"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"}