Brief: X-Fab Q2 EBITDA Down At 11.8 Million Dollars YOY

X-Fab Silicon Foundries Europese Vennootschap

30/07/2019 16:48

July 30 (Reuters) - X FAB SILICON FOUNDRIES EV  XFAB.PA :
    * X-FAB SECOND QUARTER 2019 RESULTS
    * Q2 REVENUE WAS USD 131.6 MILLION, WITHIN GUIDANCE OF USD
128-135
MILLION, DOWN 15% YEAR-ON-YEAR AND FLAT QUARTER-ON-QUARTER
    * Q2 NET LOSS WAS USD 8.1 MILLION, DOWN USD 9.6 MILLION Y/Y
AND UP
USD 2.3 MILLION Q/Q
    * Q2 EBITDA WAS USD 11.8 MILLION, DOWN 59% YEAR-ON-YEAR AND
UP 80%
QUARTER-ON-QUARTER
    * Q3 2019 REVENUE IS EXPECTED IN RANGE OF USD 128-135
MILLION
    * Q3 2019 REVENUE IS EXPECTED IN RANGE OF USD 128-135
MILLION WITH
AN EBITDA MARGIN IN RANGE OF 4% TO 10%
    * DUE TO CONTINUING UNCERTAINTIES IN MARKET, VISIBILITY ON
Q4
REMAINS LIMITED

Source text for Eikon:  ID:nBw1sGPK0a 
Further company coverage:  XFAB.PA 

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