MagnaChip (MX) Tops Q1 EPS by 25c, provides guidance

MagnaChip (NYSE: MX) reported Q1 EPS of ($0.10), $0.25 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $44.72 million versus the consensus estimate of $55.75 million.

Guidance For Q2 2025:

Consolidated revenue from continuing operations (which includes PAS and Power IC businesses) to be in the range of $45 to $49 million, versus the consensus of $47.75 million., up 5.2% sequentially and up 6.6% year-over-year at the mid-point. This compares with equivalent revenue of $44.7 million in Q1 2025 and $44.1 million in Q2 2024.
Consolidated gross profit margin from continuing operations to be in the range of 19.5% to 21.5%. This compares with equivalent gross profit margin of 20.9% in Q1 2025 and 22.5% in Q2 2024.

Guidance For the full-year 2025, we currently reiterate

Consolidated revenue from continuing operations to grow mid-to-high single digit year-over-year as compared with equivalent revenue of $185.8 million in 2024.
Consolidated gross profit margin from continuing operations between 19.5% to 21.5%, reflecting the fact that we have completed the wind down of Transitional Foundry Services and new generation power products will just begin production in the second half 2025. The equivalent gross profit margin was 21.5% in 2024.

For earnings history and earnings-related data on MagnaChip (MX) click here.

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