IQE plc (IQEPY) Q2 2026 Earnings Call Transcript

SA Transcripts 162.11K Followers Follow IQE plc ( IQEPY ) Q2 2026 Earnings Call September 7, 2026 4:00 AM EDT Company Participants Jutta Meier - CEO, CFO & Director Conference Call Participants Robert Sanders - Deutsche Bank AG, Research Division Harvey Robinson - Panmure Liberum Limited, Research Division Chloe Francklin Presentation Jutta Meier CEO, CFO & Director Hello, everyone, and thank you for joining us for IQE's interim results. I am proud to be able to present a really strong set of numbers, which exceeded our expectations and reflects the new transformed IQE. It's been 133 days since we've announced the conclusion of the strategic review and the investment from MACOM and other existing shareholders in April. I am very happy to say that it's been an incredibly busy period since then, defined by some key commercial milestones and the signing of long-term agreements. It's a fundamental change in how we operate as a business. I've always been clear that one of the things I wanted to achieve was greater visibility of orders and revenues, and that's what these agreements are building towards. So, as well as the multiyear agreements with MACOM, we've also signed a multiyear indium phosphide agreement with Tower Semiconductor, a $14 million production order with an AI and data center customer. And just last week, we've announced a purchase agreement with Quintessent for Quantum Dot epitaxy. These agreements reflect both the increasing demand in the market, especially from AI and data centers, but also how our strengthened financial and operational position is enabling us to take advantage of those opportunities to expand our order book and to build visibility for the future. Let's take a closer look at the progress IQE has made in the first half. This slide gives you a clearer sense of how we play into our high-growth end markets. I will not