Earnings Call Summary | MagnaChip Semiconductor(MX.US) Q1 2024 Earnings Conference
Earnings Call Summary | MagnaChip Semiconductor(MX.US) Q1 2024 Earnings Conference
The following is a summary of the Magnachip Semiconductor Corporation (MX) Q1 2024 Earnings Call Transcript:
以下是Magnachip半導體公司(MX)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Magnachip reported Q1 total revenue of $49.1 million, lowering by 13.9% YoY and 3.5% QoQ.
Gross profit margin saw a significant decline, from 2.9 percentage points YoY and 4.4 points QoQ, primarily due to the wind down of Transitional Foundry Services.
The company reported an operating loss of $13.5 million.
A net loss of $15.4 million was reported, resulting in a loss of $0.40 per share.
Magnachip報告稱,第一季度總收入爲4,910萬美元,同比下降13.9%,環比下降3.5%。
毛利率從同比2.9個百分點和環比4.4個百分點大幅下降,這主要是由於過渡鑄造服務的結束。
該公司報告的營業虧損爲1,350萬美元。
報告的淨虧損爲1,540萬美元,導致每股虧損0.40美元。
Business Progress:
業務進展:
Magnachip initiated new design plans for a Chinese smartphone company.
Increase in the Standard Product business and PAS revenue was observed due to high demand from Chinese markets.
Revenue from MSS was as per expectations.
The company is contemplating strategic options like share buyback and strategic investments to increase shareholder value.
For FY 2024, they expect MSS and PAS revenues to grow by double digits YoY.
The company is seeing recovery in the industrial segment and has secured new wins in China's smartphone market.
They are exploring opportunities in AI servers and establishing a local presence in China to cater more efficiently through MTC.
Magnachip爲一家中國智能手機公司啓動了新的設計計劃。
由於中國市場的高需求,標準產品業務和PAS收入有所增加。
來自MSS的收入符合預期。
該公司正在考慮股票回購和戰略投資等戰略選擇,以增加股東價值。
他們預計,對於2024財年,MSS和PAS收入將同比增長兩位數。
該公司的工業領域正在復甦,並在中國智能手機市場取得了新的勝利。
他們正在探索人工智能服務器方面的機會,並在中國建立本地業務,以便通過MTC更有效地提供服務。
More details: MagnaChip Semiconductor IR
更多詳情: MagnaChIP 半導體紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。