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Investing.com - IQE reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IQE announced earnings per share of £-0.01 on revenue of £86.20M. Analysts polled by Investing.com EPS of £-0.88 on revenue of £69.00M.
IQE 's are down 1.3% and is trading at £34.10 , still down 35.17% from its 52 week high of £52.60 set on Tuesday, September 7, 2021.
IQE follows other major Information Technology sector earnings this month
IQE's report follows an earnings beat by Hon Hai Precision ADR on Tuesday, August 9, 2022, who reported EPS of £0.1598 on revenue of £50.28B, EPS of £0.1478 on revenue of £48.22B.
Argo Blockchain had missed expectations on Thursday, August 25, 2022 with second quarter EPS of £-0.0384 on revenue of £12.01M, for EPS of £-0.0032 on revenue of £15.72M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar