Magnachip Semiconductor Corporation (MX)
Market Cap | 195.17M |
Revenue (ttm) | 222.11M |
Net Income (ttm) | -30.57M |
Shares Out | 38.27M |
EPS (ttm) | -0.78 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 182,555 |
Open | 5.05 |
Previous Close | 5.03 |
Day's Range | 5.05 - 5.21 |
52-Week Range | 4.70 - 11.68 |
Beta | 0.77 |
Analysts | Strong Buy |
Price Target | 9.67 (+88.87%) |
Earnings Date | May 2, 2024 |
About MX
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organi... [Read more]
Financial Performance
In 2023, MX's revenue was $230.05 million, a decrease of -31.87% compared to the previous year's $337.66 million. Losses were -$36.62 million, 355.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MX stock is "Strong Buy." The 12-month stock price forecast is $9.67, which is an increase of 88.87% from the latest price.
News
Magnachip Celebrates the Grand Opening of Magnachip Technology Company in China
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (“Magnachip” or the “Company”) (NYSE: MX) celebrated the opening ceremony of Magnachip Technology Company, Ltd. ("MTC") today a...
Magnachip Reports Results for First Quarter 2024
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the first quarter 2024. YJ Kim, Magnachip's Chi...
Magnachip Boosts Its Extensive Automotive Product Lineup With the Release of a New 40V MXT MV MOSFET
SEOUL, South Korea--(BUSINESS WIRE)---- $MX #40V--Magnachip Semiconductor now offers 13 MOSFET and IGBT products for a wide range of automotive applications.
Magnachip to Announce First Quarter 2024 Financial Results on May 2, 2024
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, 2024, ...
Magnachip to Participate in the 36th Annual ROTH Conference
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 36th Annual ROTH Conference at The Ritz Carlton, Lag...
Magnachip Reports Results for Fourth Quarter and Full-Year 2023
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 2023. YJ Kim, ...
Magnachip to Announce Fourth Quarter 2023 Financial Results on February 28, 2024
SEOUL, South Korea , Feb. 7, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter ended De...
Magnachip to Participate in the 26th Annual Needham Growth Conference
SEOUL, South Korea , Jan. 3, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 26th Annual Needham Growth Conference a...
Magnachip Commences Full-Scale Mass Production of New 30V MXT LV MOSFET for Electric Power Steering Systems
Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steering SEOUL, South Korea , Dec. 18, 2023 /PRNewswire/ -- Magnachip ...
Magnachip to Participate in UBS Global Technology Conference
SEOUL, South Korea , Nov. 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the UBS Global Technology Conference at Th...
Magnachip Reports Results for Third Quarter 2023
Revenue of $61.2 million was in-line with guidance . Gross profit margin of 23.6% increased 140 basis points from Q2 , mainly driven by higher fab utilization.
Magnachip Commences Mass Production of Two New 650V SJ MOSFETs with a Slim Form Factor
- The company expands its slim form factor product portfolio by introducing two 650V SJ MOSFETs packaged in a PDFN88 SEOUL, South Korea , Oct. 31, 2023 /PRNewswire/ -- Magnachip Semiconductor Corpo...
Magnachip Introduces 6th-Generation 600V SJ MOSFET Developed with Cutting-Edge Microfabrication Technology
The new 600V SJ MOSFET achieves a low RDS(on) of 175mΩ and effectively meets the technical requirements of servers and OLED TVs SEOUL, South Korea , Oct. 30, 2023 /PRNewswire/ -- Magnachip Semiconduct...
Magnachip to Announce Third Quarter 2023 Financial Results on November 2
SEOUL, South Korea , Oct. 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended Se...
Magnachip Unveils New 8th-Generation 150V MXT MV MOSFETs
The company expands its 8th-generation MXT MV MOSFET product portfolio with the addition of newly packaged 150V MXT MV MOSFETs in D2PAK -7L and PDFN56 SEOUL, South Korea , Oct. 10, 2023 /PRNewswire/...
Magnachip Targets Electric Vehicle Market with New 1200V and 650V IGBTs Featuring Advanced Field Stop Trench Technology
- Magnachip commences full-scale mass production of 1200V and 650V IGBTs for PTC heaters of electric vehicles SEOUL, South Korea , Sept. 11, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("...
MAGNACHIP SEMICONDUCTOR CORPORATION ANNOUNCES RESIGNATION OF MEL KEATING AS A MEMBER OF THE BOARD OF DIRECTORS
SEOUL, South Korea , Sept. 6, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") received a letter of resignation, dated September 5, 2023, from Mr.
Magnachip Reports Results for Second Quarter 2023 Announces New $50 Million Stock Buyback Program
Revenue of $61.0 million was in-line with guidance (vs $60.5M mid-point) and was down 39.8% YoY and up 7% sequentially. Gross profit margin was 22.2%, up 100 basis points from Q1.
Magnachip to Announce Second Quarter 2023 Financial Results on August 7
SEOUL, South Korea, July 19, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended Ju...
MAGNACHIP ANNOUNCES DIRECTOR RESIGNATION
SEOUL, South Korea , July 17, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that Gary Tanner has notified the Company of his intent...
Magnachip Expands Its 7th-Generation MXT LV MOSFET Line-Up for Battery Protection Circuits of Mobile Devices
SEOUL, South Korea , July 10, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has released four new MXT LV Metal-Oxide-S...
Magnachip Announces Participation in 15th Annual CEO Investor Summit 2023
SEOUL, South Korea , June 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) today announced management's participation in the 15th Annual CEO Inves...
Magnachip Starts Mass Production of 40V MXT MOSFET for Automotive Energy Recovery Systems
– The 40V MXT MOSFET with RDS(on) as low as 1.4mΩ enables effective kinetic energy recovery in cars SEOUL, South Korea , June 12, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachi...
MAGNACHIP ANNOUNCES PLAN TO SEPARATE DISPLAY AND POWER BUSINESSES
SEOUL, South Korea , May 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that the Company is separating its display and power bus...
Magnachip Reports Results for First Quarter 2023
Revenue of $57.0 million was within our guidance range. YoY, our revenue decreased 45.2% primarily due to continued effects of last year's 28nm wafer supply shortage that impacted second half 2022 des...