Rudy De Winter
CEO
Replay available
X-Fab Silicon Foundris Se (XFABF) Q2 2024 Earnings Call
X-Fab Silicon Foundris Se (OTC: XFABF) Q2 2024 earnings conference call, held 2024-07-25. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Alba Morganti
CFO
Robert Sanders
Analyst, Dutch Bank
Trion Reed
Analyst, Berenberg
Emmanuel Method
Analyst, ODDO BHF
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for X-fab Silicon Foundries Se.
Replay transcript excerpt
WEBVTT 00:00:00.492 -- 00:00:03.073 Welcome to XWeb 00:00:03.073 -- 00:00:07.494 Q2 2024 Result Conference Call. My name is Alan and I will be your coordinator for today's 00:00:07.494 -- 00:00:11.656 event. Please note this call has been recorded and for the duration your lines will be 00:00:11.656 -- 00:00:16.597 on listen only. However, you will have the opportunity to ask questions at the end. 00:00:16.597 -- 00:00:20.559 This can be done by pressing star 1 on your telephone keypad. 00:00:20.559 -- 00:00:24.760 If you require assistance at any time, please press star 0 and you will be connected 00:00:24.760 -- 00:00:29.827 to an operator. I will now hand you over to your host, Rudy De Winter, CEO, 00:00:29.827 -- 00:00:33.630 to begin today's conference. Thank you. 00:00:33.630 -- 00:00:38.774 Thank you. Welcome, everyone. Today in the conference call, we also have Alba 00:00:38.774 -- 00:00:42.697 Morganti, CFO. In the first quarter of 2024, 00:00:42.697 -- 00:00:47.979 sorry, in the second quarter of 2024, the revenues were $205 million. 00:00:52.873 -- 00:00:54.414 down 9% 00:00:54.414 -- 00:00:56.136 year-on-year 00:00:56.136 -- 00:01:00.888 and 4% quarter-on-quarter, which is in line with the guidance of 200 to 210 00:01:00.899 -- 00:01:02.899 million. 00:01:02.981 -- 00:01:04.402 Revenues 00:01:04.402 -- 00:01:09.526 in the core markets, automotive, industrial, medical accounted 190 00:01:09.526 -- 00:01:14.891 million, down 4% year-on-year, and representing, though, 00:01:14.891 -- 00:01:20.695 a whole-time record high with respect to the share of total revenues 00:01:20.695 -- 00:01:22.486 in the portfolio. 00:01:22.486 -- 00:01:27.150 The second quarter was marked by a combination of developments. 00:01:27.150 -- 00:01:29.812 On the one hand, demand for ...