Date | Price Target | Rating | Analyst |
---|---|---|---|
12/14/2021 | Perform | Oppenheimer | |
8/23/2021 | $30.00 → $29.00 | Buy | Needham |
Financial Highlights Q2 consolidated revenue was $53.2 million, above the mid-point of guidance range of $49-54 million. Q2 standard product business revenue was up 11.6% sequentially. Q2 consolidated gross profit margin was 21.8%, above the upper end of guidance range of 17-19%. Q2 standard product business gross profit margin was 23.1%, up nearly two percentage points sequentially. Ended Q2 with cash of $132.5 million; and also have an additional short-term financial investment of $30 million. Repurchased approximately 0.5 million shares for aggregate purchase price of $2.3 million during the quarter. Operational Highlights Held formal opening ceremony in China
Magnachip Semiconductor Corporation ("Magnachip") (NYSE:MX) announced today that it will report its financial results for the second quarter ended June 30, 2024, on Wednesday, July 31, 2024, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this event, including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call. Online registration: https://register.vev
Financial Highlights Q1 consolidated revenue was $49.1 million, within our guidance range of $46-51 million. Q1 standard product business revenue was up 10.6% sequentially. Q1 consolidated gross profit margin was 18.3%, within our guidance range of 17-20%. Q1 standard product business gross profit margin was down 170 basis points sequentially, mostly due to lower Gumi fab utilization driven by the wind-down of Transitional Foundry Services. Ended Q1 with $29.7 million in long-term borrowing and $171.6 million in cash. Repurchased approximately $4.1 million or 0.6 million shares during the quarter. Operational Highlights Secured a new high-end smartphone OLED DDIC
- The new 40V MXT MV MOSFETs are optimized for automotive motors and low-power control systems, featuring a compact form factor and a low gate threshold voltage Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE:MX) announced the release of four new 40V 1)MXT MV MOSFETs designed in Power Dual Flat No-Lead (PDFN) 33 packages for automotive applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909180314/en/Magnachip's new automotive 40V MXT MV MOSFETs (Photo: Business Wire) As automotive technologies like autonomous driving and infotainment systems advance, the number and variety of motors installed i
Financial Highlights Q2 consolidated revenue was $53.2 million, above the mid-point of guidance range of $49-54 million. Q2 standard product business revenue was up 11.6% sequentially. Q2 consolidated gross profit margin was 21.8%, above the upper end of guidance range of 17-19%. Q2 standard product business gross profit margin was 23.1%, up nearly two percentage points sequentially. Ended Q2 with cash of $132.5 million; and also have an additional short-term financial investment of $30 million. Repurchased approximately 0.5 million shares for aggregate purchase price of $2.3 million during the quarter. Operational Highlights Held formal opening ceremony in China
Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE:MX) announced the release of its 8th-generation 1)MXT LV MOSFET (Metal Oxide Semiconductor Field Effect Transistor) for smartphone battery protection circuits. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730855595/en/Magnachip's new 12V MXT LV MOSFET features high power efficiency and is optimized for a wide range of battery protection applications in premium smartphones, particularly on-device AI smartphones. (Graphic: Business Wire) Magnachip has introduced its proprietary Super-Short Channel FET II (SSCFET® II) technology for the first time in the Comp
SEOUL, South Korea, Sept. 6, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE:MX) ("Magnachip" or the "Company") received a letter of resignation, dated September 5, 2023, from Mr. Mel Keating, a member of the board of directors of the Company (the "Board"), whose resignation was accepted by the Board and effective as of September 5, 2023. Now that the Company has announced its plan to separate its Display and Power operations into two distinct legal entities, Mr. Keating has decided that, after over 7 years of service as a member of the Board, during which time
SEOUL, South Korea, April 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE:MX) announced today that shareholder Gilbert Nathan will join its Board of Directors pursuant to the terms of an agreement (the "Agreement") entered into with Mr. Nathan and two of his affiliated entities. Under the terms of the Agreement, Mr. Nathan will immediately join the Company as an observer of the Company's Board of Directors (the "Board") and any ad hoc Strategic Review Committee of the Board (the "Strategic Review Committee"). In addition, reasonably promptly following the Company's 2023 Annual Meeting of Stockholders, the Board will appoint Mr. Nathan as a di
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3/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
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Oppenheimer resumed coverage of MagnaChip Semi with a rating of Perform
Needham reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $29.00 from $30.00 previously
Needham & Company LLC reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $30.00 from $25.00 previously
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
10-Q - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
8-K - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
8-K - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
Roth MKM analyst Suji Desilva maintains MagnaChip Semiconductor (NYSE:MX) with a Buy and lowers the price target from $10 to $8.
Needham analyst Quinn Bolton maintains MagnaChip Semiconductor (NYSE:MX) with a Buy and lowers the price target from $10 to $8.
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)