Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Proud_Infidel who wrote (14749)	5/3/2005 3:52:50 PM
From: Proud_Infidel	Read Replies (1) of 25522

X-Fab posts Q1 profit on 22% sales jump EE Times (05/03/2005 2:54 PM EDT) SAN JOSE, Calif. — Silicon foundry specialist X-Fab Semiconductor Foundries AG reported quarterly sales of 37.9 million euros ($48.8 million), up 22 percent versus the same period last year. X-Fab (Erfurt, Germany) recorded a net income of 2.3 million euros ($2.96 million) in the quarter, compared to a net income of 4.1 million euros ($5.3 million) in the first quarter of 2004, which had been substantially boosted by currency translation effects. In 2004, X-Fab reported sales of 142.4 million euros ($178 million), up 40 percent from 2003. Net income was 6.7 million euros ($8.6 million) in 2004, compared to a net loss of 26.2 million euros ($33.7 million) in 2003. Going forward, X-Fab said the "longer-term visibility has decreased due to the weaker economic environment in the industry."

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