|Bid||12.63 x 900|
|Ask||12.88 x 800|
|Day's Range||11.92 - 12.71|
|52 Week Range||6.30 - 16.06|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.13|
MagnaChip Semiconductor Corporation ("MagnaChip" or "Company") (NYSE: MX) today announced the appointment of Camillo Martino as its new non‑executive Chairman of the Board of Directors (the "Board"), effective June 11, 2020, immediately following MagnaChip's upcoming Annual Meeting of Stockholders. Mr. Martino succeeds Nader Tavakoli as the Company's Chairman. Mr. Tavakoli will remain a director on the Company's Board and continue to serve as a member of the Audit, Compensation and Risk Committees. Mr. Tavakoli joined MagnaChip's Board in 2009 and has served as its non‑executive Chairman since late 2018, shortly before the Company's announcement that it would undertake a strategic review.
MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it has appointed Mr. Young Soo Woo as Chief Financial Officer of the Company, effective as of May 25, 2020. Mr. Woo joins MagnaChip from CoreeGroup, where he was the Chief Executive Officer.
Investors in MagnaChip Semiconductor Corporation (NYSE:MX) had a good week, as its shares rose 6.5% to close at...
Ladies and gentlemen, thank you for standing by and welcome to Q1 2020 MagnaChip Semiconductor Corporate earnings conference call.[Operator instructions] I would now like to hand the conference over to your speaker today, Mr. Bruce Entin, head of investor relations. Thank you for joining us to discuss MagnaChip's financial results for the first quarter ended March 31, 2020. Joining me today are YJ Kim, Magnachip's chief executive officer; and Shin Young Park, our chief accounting officer.
Magnachip (MX) delivered earnings and revenue surprises of -80.00% and 2.61%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the first quarter of 2020.
The IDC has warned that semiconductor revenues might decline in 2020. However, rebounding smartphone sales and 5G boom may help the space.
MagnaChip Semiconductor Corporation (NYSE:MX), which is in the semiconductor business, and is based in Luxembourg, led...
MagnaChip's (MX) Q1 results are likely to have gained from a strong OLED display driver portfolio. However, coronavirus-led demand disruptions are likely to have been an overhang.
MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, May 6, 2020 at 5 p.m. ET to discuss the Company's financial results for the first quarter of 2020. Participating in the call will be YJ Kim, MagnaChip's CEO and Shinyoung Park, Chief Accounting Officer. The earnings press release will be issued after the market closes that day.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of MagnaChip Semiconductor Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Moody's Investors Service has revised the outlook on MagnaChip Semiconductor Corporation to stable from negative. At the same time, Moody's has affirmed the company's B2 corporate family and senior unsecured bond ratings. "The rating action primarily reflects our expectation that following the completion of the sale of its foundry business and Fab 4, MagnaChip will have a solid net cash position that gives it an adequate buffer against the challenging operating environment amid the coronavirus outbreak," says Gloria Tsuen, a Moody's Vice President and Senior Credit Officer.
If you're interested in MagnaChip Semiconductor Corporation (NYSE:MX), then you might want to consider its beta (a...
MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that certain of its wholly-owned subsidiaries have entered into a definitive agreement (the "Agreement") to sell the Company's Foundry Services Group and the factory in Cheongju ("Fab 4"), the larger of the Company's two 8" manufacturing facilities (collectively, the "Target Business"), to a special purpose company (the "SPC") in South Korea established by Alchemist Capital Partners Korea Co., Ltd. ("Alchemist") and Credian Partners, Inc. ("Credian", and together with Alchemist, "AC Consortium").
Cypress cleared a major regulatory hurdle for it planned sale to Infineon, while South Korea's MagnaChip hiked its revenue guidance.
MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today updated its financial guidance for the first quarter ending March 31, 2020. The Company raised its anticipated revenue guidance range to $187 million to $197 million as compared to the previous guidance of $180 million to $195 million. The previous guidance range for the first quarter was previously provided on February 19, 2020 when the Company reported financial results for the fourth quarter of 2019. The Company is providing this business update due to the extraordinary business circumstances caused globally by the COVID-19 coronavirus health crisis and investor uncertainty about the potential impact of the coronavirus on the Company's business operations since its last market update.
MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that Jonathan Kim, MagnaChip's Chief Financial Officer, Executive Vice President and Chief Accounting Officer, is stepping down effective March 27, 2020 to pursue an executive opportunity outside of the semiconductor industry. Mr. Kim is expected to continue to serve in a consulting role for the Company through May 2020 to assist in the transition. The Company has initiated a search process to identify a permanent Chief Financial Officer and has retained an executive search firm to assist with the process.
MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today the company is entering the wireless earphone market with the introduction of a new MOSFET for wireless earphones for preventing the battery from overcharging. This MOSFET is designed to control excessive current flowing into wireless earphones while recharging the battery in order to protect wireless earphones from being damaged.
MagnaChip Semiconductor Corporation (NYSE:MX) shares fell 2.3% to US$14.51 in the week since its latest full-year...
The Zacks Analyst Blog Highlights: Accuray, MagnaChip Semiconductor, Rite Aid, Vericel and RGC Resources
Magnachip (MX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.