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Financial Highlights Q1 consolidated revenue was $49.1 million, within our guidance range of $46-51 million. Q1 standard product business revenue was up 10.6% sequentially. Q1 consolidated...
Magnachip Semiconductor Corporation ("Magnachip" or the "Company") today announced financial results for the first quarter 2024. YJ Kim, Magnachip's Chief Executive Officer, commented, "In Q1 we started the initial revenue ramp for OLED DDICs for...
Announces successful design-wins with Smartphone Chinese OEMs Financial Highlights Q4 revenue of $50.8 million was near the low-end of our guidance range. Q4 gross profit margin was 22.7%,...
Needham analyst Rajvindra Gill reiterated a Buy rating on MagnaChip (MX – Research Report) today and set a price target of $13.00. The com...
Fourth quarter revenue of $61.0 million was near the high-end of our guidance range. YoY, our revenue decreased 44.7% primarily due to severe 28nm wafer...