MagnaChip sees Q1 cont ops revenue $42M-$47M, consensus $55.75M

Sees consolidated revenue from continuing operations, which includes Power discrete and Power IC businesses, and excludes our former Display business, to be in the range of $42M-$47M, down 8.9% sequentially due primarily to seasonality, but up 11.5% year-over-year at the mid-point. This compares with equivalent revenue of $48.9M in Q4 2024 and $39.9M in Q1 2024. Consolidated gross profit margin from continuing operations to be in the range of 18.5%-20.5%, due to the seasonal sequential decline in revenue and the wind down of Transitional Foundry Services impacting fab utilization. This compares with equivalent gross profit margin of 23.2% in Q4 2024 and 17.6% in Q1 2024.