MX Q3 2023 Earnings — Magnachip Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

MXMagnachip Semiconductor Corporation

$101M

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$61M-14.0% YoY

Gross Profit

$14M23.6% margin

Operating Income

-$9M-15.1% margin

Net Income

-$5M-8.4% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$906,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$434M

Total Liabilities

$81M

Stockholders' Equity

$354M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$71M	-14.0%
Gross Profit	$14M	$17M	-15.9%
Operating Income	-$9M	-$10M	+7.7%
Net Income	-$5M	-$17M	+70.0%

Revenue Segments

Standard Products Business

$52M84%

Fab Three Foundry Services

$10M16%