MX Q2 2023 Earnings — Magnachip Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

MXMagnachip Semiconductor Corporation

$101M

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$61M-39.8% YoY

Gross Profit

$14M22.2% margin

Operating Income

-$11M-17.5% margin

Net Income

-$4M-6.5% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$444M

Total Liabilities

$79M

Stockholders' Equity

$364M

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$101M	-39.8%
Gross Profit	$14M	$29M	-53.2%
Operating Income	-$11M	$2M	-632.3%
Net Income	-$4M	-$3M	-18.2%

Revenue Segments

Standard Products Business

$51M84%

Fab Three Foundry Services

$10M16%