X-FAB Silicon Foundries SE reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 216.15 million compared to USD 208.11 million a year ago. Revenue was USD 216.15 million compared to USD 208.11 million a year ago.

Net income was USD 23.06 million compared to USD 42.72 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.33 a year ago.