Brief: X-Fab Silicon Foundries Q3 EBITDA up at 29.7 Million Euros

X-Fab Silicon Foundries Europese Vennootschap

06/11/2018 16:55

Nov 6 (Reuters) - X FAB SILICON FOUNDRIES EV  XFAB.PA :
    * X-FAB THIRD QUARTER 2018 RESULTS
    * REVENUE WAS USD 151.4 MILLION
    * Q3 EARNINGS PER SHARE WAS USD 0.09
    * NOW EXPECTS Q4 2018 REVENUE OF USD 132-138 MILLION
    * Q3 EBITDA WAS USD 29.7 MILLION, UP 11% YEAR-ON-YEAR
    * Q3 NET PROFIT WAS USD 12.1 MILLION, DOWN 46% YEAR-ON-YEAR
AND UP
EIGHT TIMES QUARTER-ON-QUARTER.
    * NOW EXPECTS Q4 2018 AN EBITDA MARGIN OF 8-10%
    * NOW EXPECTS Q4 2018 AN EBIT OF USD -6 TO -2 MILLION
    * MANAGEMENT NOW EXPECTS Q4 2018 REVENUE OF USD 132-138
MILLION
WITH AN EBITDA MARGIN OF 8-10% AND AN EBIT OF USD -6 TO -2
MILLION
    * FULL YEAR REVENUES FOR 2018 WILL BE IN RANGE OF USD
582-589
MILLION
    * GUIDANCE IS BASED ON CURRENT EXCHANGE RATE OF 1.15 FOR Q4
2018
    * FULL YEAR EBITDA MARGIN SEEN IN RANGE OF 15.3-15.8%
    * FY EBIT SEEN IN RANGE OF USD 28-32 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nBw1x5Nlja
Further company coverage:  XFAB.PA 

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