Brief: X Fab Silicon Foundries Q2 Revenue Up At 188.8 Million USD

X-Fab Silicon Foundries Europese Vennootschap

28/07/2022 17:50

July 28 (Reuters) - X Fab Silicon Foundries EV  XFAB.PA :
    * Q2 REVENUE ROSE 17 PERCENT TO 188.8 MILLION USD
    * X-FAB SECOND QUARTER 2022 RESULTS
    * Q2 REVENUE WAS USD 188.8 MILLION
    * Q2 EBITDA MARGIN OF 22.5%, WITHIN 20-24% GUIDANCE
    * OUTLOOK: Q3 2022 REVENUE IS EXPECTED TO BE IN RANGE OF USD
182-192 MILLION WITH AN EBITDA MARGIN IN RANGE OF 20-24%. THIS
GUIDANCE IS BASED ON AN AVERAGE EXCHANGE RATE OF 1.02 USD/EURO
    * Q2 EBITDA WAS USD 42.5 MILLION, DOWN 2% YOY AND UP 3% QOQ
    * OUTLOOK: MANAGEMENT ADJUSTS THE FULL-YEAR GUIDANCE TO
REVENUES
IN THE RANGE OF USD 750-790 MILLION AND AN EBITDA MARGIN IN THE
RANGE OF 22-25%. THE FULL-YEAR GUIDANCE IS BASED ON AN AVERAGE
EXCHANGE RATE OF 1.06 USD/EURO

Source text for Eikon:  ID:nBw2D9v1ta 
Further company coverage:  XFAB.PA 

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