X-FAB First Quarter 2024 Results

TESSENDERLO, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q1 2024: Revenue was USD 216.2 million, up 4% year-on-year (YoY) and down 9% quarter-on-quarter (QoQ), within the guidance of USD 215-225 million Revenue in X-FAB’s key end markets – automotive, industrial, and medical – was up 9% YoY* All-time high silicon carbide (SiC) revenue at USD 26.3 million*, up 100% YoY All-time high bookings at USD 271.5 million, up 20% YoY EBITDA at USD 51.0 million, down 12% YoY