UK's IQE rises on annual sales growth forecast lift
21/07/2026 08:56
BUZZ-UK's IQE rises on annual sales growth forecast lift ** Shares of British semiconductor wafer maker IQE IQE.L up 12.9% at 40.83 pence
** IQE raises its full-year 2026 revenue growth guidance to above 30%, from 20% previously** Co expects FY adjusted core profit in low-teens million pounds
** Co says trading in H1 2026 exceeded management expectations, resulting in first-half revenue of at least £64 million
** Up to Monday's close, stock had risen 622%
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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Brief: IQE H1 Revenue GBP 64.6 Million