Q2 2021 X Fab Silicon Foundries EV Earnings Call Transcript

Jul 29, 2021 / 04:30PM GMT
Operator

Good day, and thank you for standing by, and welcome to the X-FAB quarterly conference call. (Operator Instructions) Please be advised that today's conference is being recorded, and I would like to hand the conference now to your first speaker today, Mr. Rudi De Winter. Please go ahead, sir.

Rudi De Winter - X-FAB Silicon Foundries SE - CEO

Thank you very much, and welcome, everyone. We also have Alba Morganti, the CFO in the call today. So I'm very glad to be able to share the excellent results of the second quarter this year.

Revenues were $161 million, exceeding the guidance and were up 36% year on year and 4% quarter on quarter. The bookings remained strong at $209 million, 110% compared to previous year and about flat compared to previous quarter.

EBITDA margin came in at 26.9%, also above guidance. And EBITDA was $43.3 million, 173% up year on year and 22% up quarter on quarter. EBITDA was -- EBIT, sorry, was $24.6 million, up to $27 million compared to previous year and up $7.6 million compared to previous quarter.

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