MagnaChip sees FY25 cont ops revenue up mid-to-high single digit year-over-year

The company said “For the FY25, which will set the stage to become a pure-play Power company, we currently expect: Consolidated revenue from continuing operations to grow mid-to-high single digit year-over-year as compared with equivalent revenue of $185.8M in 2024. Consolidated gross profit margin from continuing operations between 19.5%-21.5%, reflecting the fact that we have completed the wind down of Transitional Foundry Services and new generation power products will just begin production in the second half 2025. The equivalent gross profit margin was 21.5% in 2024.”