Magnachip Q3 revenue $45.9mln, up 34% QoQ, 95% YoY.

• Magnachip Q3 revenue $45.9mln, in line with guidance. • Gross profit margin 18.6%, at low end of guidance. • Communications segment product revenue up 34% QoQ, 95% YoY. • Executed cost reduction programs for $2.5mln annualized savings. • Reduced capital expenditure for Gumi fab upgrade by 50%.