Brief: X-Fab Q4 EBITDA Turns To Loss Of USD 2.6 Million

X-Fab Silicon Foundries Europese Vennootschap

11/02/2020 17:23

Feb 11 (Reuters) - X Fab Silicon Foundries EV  XFAB.PA :
    * X-FAB FOURTH QUARTER AND FULL YEAR 2019 RESULTS
    * Q4 REVENUE WAS USD 113.4 MILLION
    * Q1 2020 REVENUE IS EXPECTED IN RANGE OF USD 125-132
MILLION WITH
AN EBITDA MARGIN IN RANGE OF 6-10%
    * Q4 EBITDA WAS USD -2.6 MILLION, DOWN 116% YEAR-ON-YEAR AND
DOWN
120% QUARTER-ON-QUARTER
    * Q4 NET LOSS WAS USD -22.4 MILLION, DOWN USD 17.9 MILLION
YEAR-ON-YEAR AND DOWN USD 14.3 MILLION QUARTER-ON-QUARTER
    * Q1 2020 REVENUE IS EXPECTED IN RANGE OF USD 125-132
MILLION
    * X FAB SILICON FOUNDRIES EV SEES Q1 EBITDA MARGIN IN RANGE
OF
6-10%
    * FOR FULL YEAR 2020, MANAGEMENT EXPECTS REVENUE TO GROW BY
APPROXIMATELY 10%
    * X FAB SILICON FOUNDRIES EV SEES FY EBITDA MARGIN IN RANGE
OF
10-15%

Source text for Eikon:  ID:nBw7tJbBma 
Further company coverage:  XFAB.PA 

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