MAGNACHIP SEMICONDUCTOR Corp (MX) Form 8-K — Jul 29, 2026
Magnachip Semiconductor reported second quarter 2026 revenue of $44.7 million, a decrease of 6.1% year-over-year, which fell within the company's previously guided range. The firm recorded a net loss of $4.8 million, or $0.13 per share, compared to net income of $0.3 million in the same period last year, driven by a gross profit margin of 19.3%. For the third quarter of 2026, management expects revenue to range between $41.5 million and $45.5 million, reflecting a sequential decline at the midpoint. The company cited packaging constraints, lower-than-expected customer volumes in consumer applications, and pricing pressure on legacy products as factors impacting the outlook.
Key figures
- Revenue
- 44704000
- Guidance
- Revenue $41.5M - $45.5M; Gross Margin 17% - 19%
- Revenue Yoy
- -6.1%
- Cash Position
- 87936000
- Gross Profit Margin
- 19.3%
Price after filing
Close on the filing date to close N calendar days later (from $3.45). Historical, not a forecast.
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