Export License IssuesXP Power is not guiding to a recovery, with results expected to be sequentially lower due to export license issues and further de-stocking.
Financial PerformanceFY24 revenue was down 22% year-on-year, with significant declines in Semiconductor, Industrial Technology, and Healthcare markets.
Legal IssuesXP Power has been ordered to pay US$19m of legal fees and interest relating to the COMET legal case.