X-Fab Silicon Foundries reports full-year EPS of $1.24, more than tripling from $0.40 in 2022, with an EBITDA margin of 27.1%, slightly above its guidance range of 23-27%.

Sales rose by 23% to $906.8 million, with revenues from its flagship segments (automotive, industrial and medical) increasing by 31% to represent 91% of the total.

For 2024, the Belgian mixed-signal/analog and MEMS foundry group, which manufactures silicon wafers, anticipates sales in the range of $900 to $970 million, with an EBITDA margin of between 25% and 29%.

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