Coronavirus impact: 8 Sept - fabulous results from this AIM blue chip and much more
There were a large number of announcements today, including fabulous results from a fast growing provider of unified communications and plenty of resilience from a potential candidate for our Bonkers Bargains series.
IQE: remains a puzzleIQE (LON: IQE) the supplier of advanced wafer products and material solutions to the semiconductor industry, issued somewhat mised results for the six months ending 30 June 2020. While revenues rose 35% to £90m, the operating loss climbed 61% to £5m, although that was turned into an adjusted operating profit of £4.3m after some accounting magic! The operating cash inflow was a more reassuring £14m and free cash flow £10m. Management is guiding for full year December 2020 revenue of at least £165m and expects to deliver at least a mid-single digit adjusted operating profit. IQE has…