StocksMedium•5 November 2026•
1 min read
Magnachip Semiconductor Reports $44 Million Q3 Revenue
Key Facts
1Magnachip Semiconductor reported revenue of $44 million for the third quarter of 2026.
2The company achieved a gross margin of 14% during Q3 and provided a fourth-quarter outlook.
Magnachip Semiconductor reported revenue of $44 million for the third quarter of 2026. According to Benzinga, the company achieved a gross margin of 14% during the quarter and provided its financial outlook for the fourth quarter.
The stock MX closed at $2.52 on November 3, 2026, after trading between a low of $2.50 and a high of $2.58 during that session. These financial results follow the company's focus on long-term strategies, including its partnership with Navitas and differentiated product roadmaps.