SignalTech/AI
MagnaChip Semiconductor Non-GAAP EPS of -$0.29, revenue of $43.9M
MagnaChip reported negative EPS and $43.9M revenue, signaling financial weakness.
Context
What happened: MagnaChip Semiconductor reported Q3 2026 results, with a Non-GAAP loss per share and lower revenue, and issued Q4 2026 guidance.
Key numbers: Q3 Non-GAAP EPS -$0.29. Revenue $43.9M, down 4.5% Y/Y. Q4 2026 revenue guidance $41.0M to $45.0M, midpoint down 2.2% sequentially and up 6.0% Y/Y.
Why it matters: The company attributes the sequential margin decline mainly to lower utilization from a fab power shutdown tied to a substation upgrade, plus appreciation of the Korean Won. Guidance reflects typical seasonal softness in the fourth quarter.
Coverage: 4 outlets in 24h
What changed
MagnaChip Semiconductor reported Q3 2026 results, with a Non-GAAP loss per share and lower revenue, and issued Q4 2026 guidance.
Why it matters
The company attributes the sequential margin decline mainly to lower utilization from a fab power shutdown tied to a substation upgrade, plus appreciation of the Korean Won. Guidance reflects typical seasonal softness in the fourth quarter.