Q4 2021 X Fab Silicon Foundries EV Earnings Call Transcript
Good day, and thank you for standing by. And welcome to the X-FAB fourth-quarter conference call. Currently, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. (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.
Thank you very much. Welcome, everyone, to the fourth-quarter and full-year reporting. We have today also Alba Morganti, CFO, in the conference room.
The revenues for the fourth quarter came in at $172 million, within the guidance, and up 27% year on year and 2% quarter on quarter. The full-year revenues were $658 million, up 38% against the previous year. We realized a new annual and quarterly sales record following five quarters of consecutive growth.
Upon digging deeper in the business, the quarterly revenues in our core markets namely automotive, industrial,
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