MX Q2 2024 Earnings — Magnachip Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

MXMagnachip Semiconductor Corporation

$101M

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$46M-23.9% YoY

Gross Profit

$10M21.1% margin

Operating Income

-$6M-12.3% margin

Net Income

-$13M-28.0% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$413M

Total Liabilities

$107M

Stockholders' Equity

$306M

Cash & Equivalents

$132M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$61M	-23.9%
Gross Profit	$10M	$14M	-27.7%
Operating Income	-$6M	-$11M	+46.3%
Net Income	-$13M	-$4M	-229.3%

Revenue Segments

Standard Products Business

$51M96%

Fab Three Foundry Services

$2M4%