earnings
confidence high
sentiment positive
materiality 0.75
Magnachip Q1 revenue from continuing ops $44.7M, gross margin 20.9% above guidance; Display shutdown to cut opex 30-35%
MAGNACHIP SEMICONDUCTOR Corp
2025-Q1 EPS reported
-$0.24
revenue$44,722,000
- GAAP loss per share ($0.14); adjusted EPS ($0.10); operating loss narrowed to $6.3M from $9.4M YoY.
- Power solutions revenue up 12.1% YoY excluding foundry; PAS +9.1%, Power IC +44.1%.
- Display business shutdown to reduce annual opex 30-35%, classified as discontinued ops.
- Closed Q1 with $132.7M cash; repurchased 0.3M shares for $1.1M.
- CEO guides Q2 sequential and YoY growth for continuing ops; 50 design-wins in Q1 (+13.6% YoY).