MagnaChip Semiconductor Corporation Stock News

Magnachip is now a buy for high-risk, value-oriented investors due to operational improvements, a healthy balance sheet, new product launches in growth markets, and talk about a potential sale. Management's focus on power analog solutions, cost reductions, and a strategic exit from the display business positions the company for margin and revenue growth by 2028. Potential M&A activity and renew...

Magnachip Semiconductor Corporation (NYSE:MX ) Q1 2025 Results Conference Call May 12, 2025 5:00 PM ET Company Participants Steven Pelayo - Head IR YJ Kim - CEO Shinyoung Park - CFO Conference Call Participants Suji Desilva - ROTH Capital Nicholas Doyle - Needham Operator Good day, everyone, and thank you for standing by. Welcome to the Magnachip Semiconductor First Quarter 2025 Earnings Confer...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the first quarter 2025. YJ Kim, Magnachip's CEO, said, “We delivered our fourth consecutive quarter of year-over-year growth from continuing operations, fueled by strong design-wins and momentum in Power Analog Solutions (PAS) and Power IC (PIC...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2025, on Monday, May 12, 2025, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results. In advance of the conference...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE:MX) (“Magnachip” or the “Company”) today announced that after a thorough review its Board of Directors unanimously approved a plan to shut down the Company's Display business by the end of the second quarter of 2025. The Company had previously announced its intention to explore all strategic options for the Display b...

Magnachip Semiconductor Corporation (NYSE:MX ) Q4 2024 - Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Steven Pelayo - Head IR YJ Kim - CEO Shinyoung Park - CFO Conference Call Participants Suji Desilva - ROTH Capital Nicholas Doyle - Needham Martin Yang – Oppenheimer & Co. Operator Good day, and thank you for standing by. Welcome to the Magnachip Semiconductor Corpora...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced that after a thorough review, its Board of Directors and management team have made the decision to become a pure-play Power company to drive revenue growth, improve profitability, and maximize shareholder value. As a result, the Company is exploring all strategic op...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the fourth quarter and full-year 2024. YJ Kim, Magnachip's CEO, said, “Our Q4 revenue of $63 million was up 24% year-over-year, and gross profit margin of 25.2% was up 2.5 percentage points as compared to a year ago. For the year, Standard Prod...