Brief: X Fab Silicon Foundries Q3 EBITDA Up At 40.4 Million USD

X-Fab Silicon Foundries Europese Vennootschap

28/10/2021 18:28

Oct 28 (Reuters) - X Fab Silicon Foundries EV  XFAB.PA :
    * X-FAB THIRD QUARTER 2021 RESULTS
    * Q3 REVENUE WAS USD 169.1 MILLION, AT UPPER END OF GUIDED
USD
162-170 MILLION, UP 76% YEAR-ON-YEAR (YOY) AND UP 5%
QUARTER-ON-QUARTER (QOQ)
    * Q3 BOOKINGS CAME IN AT USD 199.0 MILLION, REMAINING AT A
HIGH
LEVEL, UP 78% YOY AND DOWN 5% QOQ
    * OUTLOOK: Q4 2021 REVENUE IS EXPECTED IN RANGE OF USD
170-180
MILLION WITH AN EBITDA MARGIN IN RANGE OF 19-23%.
    * OUTLOOK: FULL-YEAR REVENUE GUIDANCE HAS BEEN INCREASED TO
USD
655-665 MILLION (PREVIOUSLY USD 640-660) WITH AN EBITDA MARGIN
IN RANGE OF 23-24%
    * GUIDANCE IS BASED ON AN AVERAGE EXCHANGE RATE OF 1.18
USD/EURO
    * Q3 EBITDA WAS USD 40.4 MILLION, UP USD 35.7 MILLION YOY
AND DOWN
USD 2.9 MILLION QOQ
    * CASH AND CASH EQUIVALENTS AT END OF Q3 WERE AT USD 226.0
MILLION, UP 10% FROM END OF PREVIOUS QUARTER

Source text for Eikon:  ID:nBw4rtmwka 
Further company coverage:  XFAB.PA 

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