Qnity jumps on annual forecasts raise

Qnity Electronics

04/08/2026 12:14

** Shares of semiconductor solutions provider Qnity Electronics Q.N rise 5% to $140 premarket
** Co raises FY26 adj. EPS forecast to $4.40 to $4.60 from its earlier outlook of $3.80 to $4.14
** Co lifts full-year revenue forecast to $5.55 bln to $5.65 bln from its prior forecast of $5.23 bln to $5.38 bln
** A shift towards "shrink and stack" chipmaking is increasing design complexity and boosting materials demand- CEO Jon Kemp
** Co posts Q2 adjusted EPS of $1.19 and revenue of $1.43 bln, beating analysts' consensus estimates of $1.06 and $1.36 bln, respectively - data compiled by LSEG
** As of last close, stock had risen 63.3% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((anandgopal.r@thosonreuters.com))