MX Q3 2024 Earnings — Magnachip Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

MXMagnachip Semiconductor Corporation

$101M

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$66M+8.5% YoY

Gross Profit

$15M23.3% margin

Operating Income

-$11M-16.6% margin

Net Income

-$10M-14.5% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+43.2%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$411M

Total Liabilities

$112M

Stockholders' Equity

$300M

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$66M	$61M	+8.5%
Gross Profit	$15M	$14M	+6.8%
Operating Income	-$11M	-$9M	-19.1%
Net Income	-$10M	-$5M	-86.2%

Revenue Segments

Standard Products Business

$64M96%

Fab Three Foundry Services

$2M4%