Jul 25th 2012 - Edison Investment Research today published a report on IQE (IQE.L, LSE:IQE, LON:IQE) entitled "On Track". In summary, the report says:
While weakness at two key wireless customers affected Q1 sales and profit, with trading now normalised, wireless customers registering good design wins and the contribution from RMFD to boost H2, IQE looks on track for a significantly stronger second half. Our estimates are unchanged.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
