---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-247606"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:07:15.525186+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q3 revenue $66.5M at high-end guidance; net loss $9.6M, standard products up 25.9% QoQ

## Summary
- Q3 consolidated revenue $66.5M, at high-end of guidance ($61.5-66.5M), up 25% QoQ and 8.5% YoY.
- GAAP net loss $9.6M ($0.26 diluted EPS loss); adjusted net loss $12.8M ($0.34 adjusted EPS loss).
- Standard Products revenue $64.0M, up 25.9% QoQ; MSS revenue up 54.5% YoY, PAS up 16.1% YoY.
- Ended Q3 with $121.1M cash; repurchased ~0.5M shares for $2.5M during the quarter.
- Guidance: Q4 standard product revenue to modestly decline sequentially; reiterate double-digit MSS and PAS growth for FY2024.

## SEC filing metadata
- accession: 0001193125-24-247606
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2024-10-30T23:59:59+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/1325702/000119312524247606/0001193125-24-247606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312524247606/d904804d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-247606
- JSON: https://secwatch.observer/filing/0001193125-24-247606.json
- Plain text: https://secwatch.observer/filing/0001193125-24-247606.txt

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