secwatch.observer — SEC 8-K summary
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Issuer:     MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK:        0001325702
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001193125-26-187239
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnachip Q1 revenue $46.2M, up 3.3% YoY; operating loss narrows sequentially
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- Revenue $46.2M, up 3.3% YoY and 13.9% QoQ; gross margin 15.6% above guidance mid-point.
- GAAP operating loss $7.2M, improved from $12.4M Q4 but worse than $5.3M YoY.
- Non-GAAP adjusted operating loss $6.5M, adjusted EBITDA loss $3.6M.
- Power Analog Solutions revenue $41.6M (+4.5% YoY), Power IC $4.6M (-6.2% YoY).
- Launched 8th-gen BatteryFET and 40V/60V MV MOSFETs; on track for 55 new products in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325702/000119312526187239/0001193125-26-187239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325702/000119312526187239/mx-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-187239

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