MagnaChip Reports Fourth Quarter and Full Year 2018 Financial Results And Announces Strategic Review Process of its Foundry Operations

 




























Three Months Ended




December 31, 2018



December 31, 2017

As Reported



December 31, 2017

As Adjusted




Amount



% of

Net Sales



Amount



% of

Net Sales



Amount



% of

Net Sales


Gross Profit

























Foundry Services Group


$

19,286




23.2%



$

25,564




31.7%



$

27,454




30.4%


Standard Products Group



24,604




25.6




23,748




25.3




21,858




25.9


All other



22




100.0




39




100.0




39




100.0


Total gross profit


$

43,912




24.5%



$

49,351




28.3%



$

49,351




28.3%






Year Ended




December 31, 2018



December 31, 2017

As Reported



December 31 , 2017

As Adjusted




Amount



% of

Net Sales



Amount



% of

Net Sales



Amount



% of

Net Sales


Gross Profit

























Foundry Services Group


$

82,578




25.4%



$

95,458




29.8%



$

101,780




29.0%


Standard Products Group



115,478




27.1




92,227




25.7




85,905




26.1


All other



40




21.2




208




100.0




208




100.0


Total gross profit


$

198,096




26.4%



$

187,893




27.6%



$

187,893




27.6%



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