Brief: X Fab Silicon Foundries : Q3 Revenue 96.1 million USD, within guidance

X-Fab Silicon Foundries Europese Vennootschap

27/10/2020 17:28

Oct 27 (Reuters) - X FAB SILICON FOUNDRIES EV  XFAB.PA :
    * Q3 NET LOSS -12.9 MILLION USD
    * Q3 REVENUE 96.1 MILLION USD
    * Q4 2020 REVENUE IS EXPECTED TO REBOUND MARKEDLY IN RANGE
OF USD
120-127 MILLION WITH AN EBITDA MARGIN IN RANGE OF 10-14%.
    * Q3 EBITDA WAS USD 4.7 MILLION, DOWN USD 7.9 MILLION YOY
AND DOWN
USD 11.1 MILLION QOQ
    * GUIDANCE FOR Q4 2020 IS BASED ON AN AVERAGE EXCHANGE RATE
OF
1.18 USD/EURO
    * END-Q3 CASH AND CASH EQUIVALENTS WERE AT USD 179.7
MILLION, DOWN
7% VERSUS END OF PREVIOUS QUARTER

Source text for Eikon:  ID:nBw9HLXKca 
Further company coverage:  XFAB.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))