Brief: X-Fab Q3 Net Loss Is 8.2 Million Dollars, Down Year-On-Year

X-Fab Silicon Foundries Europese Vennootschap

29/10/2019 17:15

Oct 29 (Reuters) - X FAB SILICON FOUNDRIES EV  XFAB.PA :
    * Q3 NET LOSS IS USD 8.2 MLN, DOWN USD 20.3 MLN YEAR-ON-YEAR
AND
DOWN USD 0.1 MILLION QUARTER-ON-QUARTER
    * Q4 2019 REVENUE IS EXPECTED IN RANGE OF USD 111 MLN TO 118
MLN
WITH EBITDA MARGIN IN RANGE OF 1 TO 7%
    * Q3 EBITDA IS USD 12.7 MLN, DOWN 57% YEAR-ON-YEAR AND UP 8%
QUARTER-ON-QUARTER; EBITDA MARGIN OF 10%, ON UPPER END OF 4% TO
10% GUIDANCE
    * VISIBILITY ON Q4 REMAINS LIMITED
    * Q3 EBIT USD IS -6.1 MLN, DOWN USD 20.5 MILLION
YEAR-ON-YEAR AND
DOWN USD 0.5 MILLION QUARTER-ON-QUARTER
    * Q4 2019 GUIDANCE IS BASED ON AVERAGE EXCHANGE RATE OF
USD/EUR
1.12
    * Q3 REVENUE IS USD 130.5 MLN, WITHIN GUIDANCE OF USD 128 TO
135
MLN, DOWN 14% YEAR-ON-YEAR AND 1% QUARTER-ON-QUARTER

Source text for Eikon:  urn:newsml:reuters.com:*:nBwnJYPna
Further company coverage:  XFAB.PA 

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