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SEOUL, South Korea , Oct. 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended September 30, 2023, on Thursday, November 2, 2023, after the market closes. The Company will host a corresponding conference call at 2:00 p.m.

Magnachip Semiconductor Corporation stock has recently suffered a significant decline, but there are reasons to stay invested. Short-term momentum is against investors, but Magnachip Semiconductor is expected to see revenue recovery in 2024 and 2025. The company has a strong cash position and aggressive buyback program, indicating optimism for a turnaround.

Magnachip Semiconductor Corporation (NYSE:MX ) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Yujia Zhai - Managing Director, The Blueshirt Group Young-Joon Kim - Director, Member of the Risk Committee and Chief Executive Officer Shinyoung Park - Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Partners Martin Yang - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Q2 2023 Magnachip Semiconductor Corporation Earnings Conference Call.

Magnachip (MX) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.23 per share a year ago.

SGH (NASDAQ: SGH) shares hit bottom late last year, and this is a chance it will reverse course and begin to rally again. The question is when the rally will happen; the answer may be later this year.

Magnachip Semiconductor Corporation went from a signed deal at $29 per share to everything falling apart. The business is struggling due to wafer shortages and inventory builds.

Magnachip Semiconductor Corporation (NYSE:MX ) Q4 2022 Earnings Conference Call February 16, 2023 5:00 PM ET Company Participants Yujia Zhai – The Blueshirt Group YJ Kim – Chief Executive Officer Shinyoung Park – Chief Financial Officer Conference Call Participants Martin Yang – Oppenheimer Nick Doyle – Needham Operator Good day and welcome to Magnachip's Fourth Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

Magnachip (MX) delivered earnings and revenue surprises of -44% and 2.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnachip Semiconductor Corporation went from a signed deal at $29 per share to everything falling apart. It is a poster child of how M&A speculation can go wrong.

Magnachip Semiconductor Corporation (NYSE:MX ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Yujia Zhai - The Blueshirt Group YJ Kim - Chief Executive Officer Shinyoung Park - Chief Financial Officer Conference Call Participants Martin Yang - Oppenheimer Suji De Silva - ROTH Capital Operator Hello and thank you for standing by. Welcome to the Q3 2022 Magnachip Semiconductor Corporation Earnings Conference Call.