NYSE:MX News | QuoteStream

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MX: Q2 saw revenue decline but sequential margin improvement, with a strategic pivot to silicon carbide markets

Q2 revenue declined year-over-year and sequentially due to legacy product weakness, but gross margin improved sequentially. Strategic partnership with Navitas aims to accelerate entry into high-value silicon carbide markets, while new generation products are expected to drive future growth.Based on…

Quartr en_IN 30/7/2026, 07:14 am GMT+8

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Magnachip reports Q2 2026 revenue $44.7M, gross margin 19.3%, adjusted loss per diluted share $0.13

Magnachip reported second-quarter 2026 results with consolidated revenue from continuing operations of $44.7 million and a consolidated gross profit margin of 19.3%. The company recorded an operating loss of $9.98 million and net loss of $4.82 million for the quarter, while adjusted diluted loss pe…

TradingView en_IN 30/7/2026, 04:33 am GMT+8

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