secwatch.observer — SEC 8-K summary
======================================

Issuer:     MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK:        0001325702
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001193125-26-091641
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnachip Q4 revenue $40.6M, down 20.7% YoY; GAAP loss per share $0.24
----------------------------------------------------------------------

- Consolidated revenue $40.6M, down 11.7% QoQ and 20.7% YoY; gross margin fell to 9.3% from 21.7% YoY.
- GAAP loss from continuing ops $8.8M ($0.24 loss per diluted share); adjusted loss $2.7M ($0.08 loss).
- Full-year 2025 revenue $178.9M (-8.9% YoY); operating loss $35.9M vs $26.0M in 2024.
- Launched 55 new-generation products in 2025 (vs 4 in 2024); signed IGBT deal with Hyundai Mobis.
- Cost cuts expected to save >$2M/year; $21.4M spent on Gumi fab upgrade ($17M via equipment loans).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325702/000119312526091641/0001193125-26-091641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325702/000119312526091641/mx-20260304.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-091641

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer