X-FAB Q3 2026 EBIT drops 82% year-on-year to USD 4.34 million
Bitget2026/10/29 16:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- X-FAB swung to a third-quarter 2026 loss of USD 2.82 million from a year-earlier profit.
- Revenue fell 15% year-on-year to USD 194.4 million, while operating profit dropped 82% to USD 4.34 million.
- Bookings climbed 38% year-on-year to USD 224.7 million, their highest level in two years.
- CEO Damien Macq said factory capacity utilization was increasing, supporting confidence in a gradual recovery across the core business.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X-FAB Silicon Foundries SE published the original content used to generate this news brief via Business Wire (Ref. ID: 20261029260680) on October 29, 2026, and is solely responsible for the information contained therein.
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