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Stock impact report

Magnachip (MX) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Magnachip Semiconductor Corporation (MX) 
Last magnachip semiconductor corporation earnings: 2/19 04:05 pm Check Earnings Report
Chief Financial Officer — Shin Young Park Head of Investor Relations — Mike Bishop Takeaways Consolidated revenue -- $46.2 million, reflecting a 3.3% year-over-year increase and a 13.9% sequential rise due in part to recovery from a prior onetime sales incentive program. Power Analog Solutions revenue -- $41.6 million, up 4.5% year over year and 13.1% sequentially; sequential increase was aided by reversal of a $2.7 million onetime incentive recognized in fiscal Q4 2025 (period ended December 31, 2025). Power IC revenue -- $4.6 million, down 6.2% year over year but up 21.3% sequentially; lower annual revenue reflects continued segment headwinds. Gross profit margin -- 15.6%, above guidance midpoint but down from 20.9% a year ago, driven by unfavorable product mix and ASP erosion chiefly in China. Operating expenses (SG&A) -- $7.7 million, down from $9.2 million a year ago, primarily reflecting cost reduction measures tied to a previous voluntary resignation program. R Show less Read more
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