X-FAB Silicon Foundries SE reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 208.11 million compared to USD 178.66 million a year ago. Net income was USD 42.72 million compared to USD 19.38 million a year ago.

Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.15 a year ago.