MagnaChip Reports Second Quarter 2015 Financial Results

 

 


MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES

RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA AND ADJUSTED NET INCOME

(In thousands of US dollars, except share data)

(Unaudited)








Three Months Ended




June 30,

2015



March 31,

2015



June 30,

2014


Net income (loss)


$

(30,626)



$

(20,029)



$

15,010


Adjustments:













Depreciation and amortization



6,797




6,870




7,754


Interest expense, net



3,933




4,063




4,007


Income tax expenses (benefits)



(602)




1,133




656


Equity-based compensation expense



1,792




185




455


Foreign currency loss (gain), net



12,296




3,176




(38,424)


Derivative valuation loss, net



306







36


Restatement related expenses



5,168




7,058




8,477















Adjusted EBITDA


$

(936)



$

2,456



$

(2,029)


Adjusted EBITDA per common share:













- Diluted


$

(0.03)



$

0.07



$

(0.06)


Weighted average number of shares– Diluted



34,092,402




34,056,468




34,056,359















Net income (loss)


$

(30,626)



$

(20,029)



$

15,010


Adjustments:













Amortization of intangibles









371


Equity-based compensation expense



1,792




185




455


Foreign currency loss (gain), net



12,296




3,176




(38,424)


Derivative valuation loss, net



306







36


Restatement related expenses



5,168




7,058




8,477















Adjusted net loss


$

(11,064)



$

(9,610)



$

(14,075)















Adjusted net loss per common share:













- Diluted


$

(0.32)



$

(0.28)



$

(0.41)


Weighted average number of shares — Diluted



34,092,402




34,056,468




34,056,359



« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Reverie: All That Glitters is not Past
More Editorial  
Jobs
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
SoC Design Engineer for Intel at Santa Clara, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Digital and FPGA Hardware Designer for Giga-tronics Incorporated at San Ramon, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Upcoming Events
European 3D Summit 2017 at 3, parvis Louis Néel 38054 Grenoble France - Jan 23 - 25, 2017
3D Printing Electronics Conference at High Tech Campus 1, 5656 Eindhoven Eindhoven Netherlands - Jan 24, 2017
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy