Magnachip Semiconductor Corporation (NYSE:MX) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET
Company Participants
Yujia Zhai - Managing Director, The Blueshirt Group
Young-Joon Kim - Director, Member of the Risk Committee and Chief Executive Officer
Shinyoung Park - Chief Financial Officer
Conference Call Participants
Suji Desilva - ROTH Capital Partners
Martin Yang - Oppenheimer
Operator
Good day, and thank you for standing by. Welcome to the Q2 2023 Magnachip Semiconductor Corporation Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I’d now like to hand the conference over to your speaker today, Yujia Zhai. Please go ahead.
Yujia Zhai
Hello, everyone. Thank you for joining us to discuss Magnachip’s financial results for the second quarter ended June 30, 2023. The second quarter earnings release that was issued today after the market close can be found on the company’s investor relations website. The webcast replay of today’s call will be archived on our website shortly afterwards.
Joining me today is YJ Kim, Magnachip’s Chief Executive Officer; Shinyoung Park, Magnachip’s Chief Financial Officer. YJ will discuss the company’s recent operating performance and business overview, and Shinyoung will review the financial results for the quarter and provide guidance for the third quarter of 2023. There will be a Q&A session following the prepared remarks.
During the course of this earnings conference call, we may make forward-looking statements about Magnachip’s business outlook and expectations. Our forward-looking statements and all other statements that are not historical facts, reflect our beliefs and predictions as of today and therefore, are subject to risks and uncertainties as described in the Safe Harbor statement found in our SEC filings.
During the call, we also will discuss non-GAAP financial measures. The non-GAAP measures are not prepared in accordance with generally accepted accounting principles, but are intended to illustrate an alternative measure of Magnachip’s operating performance that may be useful. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures can be found in our second quarter earnings release in the investor relations section of our website.
With that, I will now turn the call over to YJ Kim. YJ?
A - Young-Joon Kim
Hello, everyone. Thank you for joining us today and welcome to Magnachip’s Q2 earnings call.