MagnaChip Q2 FY26 operating loss widens 39.1% q/q to USD 9.98 million; net sales fall 3.3% q/q to USD 44.7 million

Reuters2026/07/29 20:18

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

MagnaChip reported Q2 2026 net sales of USD 44.7 million, down 3.3% from Q1 2026.
GAAP gross margin rose to 19.3% from 15.6% in Q1 2026, up 3.7 percentage points.
GAAP operating loss widened to USD 10 million from USD 7.17 million in Q1 2026.
GAAP loss from continuing operations deepened to USD 7.6 million, with basic loss per share of USD 0.21.
Forecast Q3 net sales of USD 41.5 million to USD 45.5 million; gross margin seen at 17% to 19% on unfavorable product mix.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MagnaChip Semiconductor Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

MagnaChip Q2 FY26 operating loss widens 39.1% q/q to USD 9.98 million; net sales fall 3.3% q/q to USD 44.7 million

You may also like

Crypto prices