X-FAB Silicon Foundries SE (OTCPK:XFABF)
$ 5.1374 0 (0%) Market Cap: 688.00 Mil Enterprise Value: 753.12 Mil PE Ratio: 6.59 PB Ratio: 0.70 GF Score: 79/100
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Q4 2022 X Fab Silicon Foundries EV Earnings Call Transcript

Feb 09, 2023 / 05:30PM GMT
Release Date Price: $8.13
Operator

Good day, and welcome, everyone, to the X-FAB quarterly conference call hosted by Rudi De Winter, CEO of X-FAB. My name is Victoria, and I'm your event manager today. (Operator Instructions) I would like to also advise all parties that this conference is being recorded.

And with that, let me hand it off to your host, Rudi De Winter. Rudi, you may proceed, please.

Rudi De Winter
X-FAB Silicon Foundries SE - CEO

Thank you. Victoria. Welcome, everyone, to the fourth-quarter result and full year of 2022. We have here in the conference room also Alba Morganti, CFO of X-FAB. In the fourth quarter, X-FAB recorded $183.6 million revenue within the guidance of $180 million to $190 million, and it represents an increase of 7% year on year and 2% down quarter on quarter.

The euro weakness in the fourth quarter compared to the previous year continued to have an impact on the topline growth. At stable exchange rates, the revenues would have gone up 12% year on year.

Full-year revenues ended at $740 million within the guided $735 million, $745

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