---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-117802"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:13:55.761270+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q1 revenue from continuing ops $44.7M, gross margin 20.9% above guidance; Display shutdown to cut opex 30-35%

## Summary
- 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).

## SEC filing metadata
- accession: 0001193125-25-117802
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1325702/000119312525117802/0001193125-25-117802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312525117802/d898123d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-117802
- JSON: https://secwatch.observer/filing/0001193125-25-117802.json
- Plain text: https://secwatch.observer/filing/0001193125-25-117802.txt

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