IQE Share News (IQE)

IN BRIEF: Genuit confirms interim CFO Tim Pullen as permanent CFO

Genuit Group PLC - Leeds, England-based provider of water, climate and ventilation systems for buildings and infrastructure - Appoints Tim Pullen as permanent chief financial officer, effective from Wednesday. Pullen has been interim CFO since joining Genuit at the start of September. He replaced Paul James, who resigned effective September 30 to take up another CFO position with a privately owned company. Pullen was CFO of IQE PLC, an AIM-listed maker of semiconductor materials, from 2019 to 2023, and was CFO of computer chip designer Arm Ltd from 2017 to 2019. "Tim has already made an impressive contribution as interim CFO and brings extensive public market experience that will complement our executive management team," says Chief Executive Officer Joe Vorih.

IQE launches laser platform for AI and data centre applications

(Alliance News) - IQE PLC on Monday said it launched an "industry-first" six-inch indium phosphide, distributed feedback laser platform for artificial intelligence and data centre applications

IQE reports widened loss but says industry should stabilise soon

(Alliance News) - IQE PLC on Tuesday said its loss widened substantially in its latest half-year as its revenue decreased by over GBP30.0 million, but said it expects to resume profitability at the end of the year.

IQE swings to loss in first half

(Sharecast News) - IQE said on Tuesday that it swung to a loss in the first half as the recovery in the semiconductor industry is taking longer than expected.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Genuit hires former Arm, IQE exec Tim Pullen as interim CFO

Genuit Group PLC - Leeds, England-based provider of water, climate and ventilation systems for built environment - Tim Pullen will join on Monday as interim chief financial officer but not a board member.

TRADING UPDATES: Biome outlook unchanged, matches market consensus

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Herald Investment net value slightly reduced but shares still up

(Alliance News) - Herald Investment Trust PLC on Wednesday reported a slight decrease in its net asset value and mixed investee performances, but said its portfolio remains generally sound overall.

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

UK shareholder meetings calendar - next 7 days

IQE announces new SVP of communications unit

(Sharecast News) - Semiconductor wafer and products specialist IQE announced the appointment of Peter Rabbeni as the senior vice-president of its communications infrastructure and security business unit on Monday.

IN BRIEF: IQE searching for new CFO as Pullen makes sudden exit

IQE PLC - Wales-based compound semiconductor wafer product supplier - Says Chief Financial Officer Tim Pullen has stepped down with effect from Tuesday. Pullen joined IQE as CFO in February 2019, having left the same position at Arm Holdings PLC. His previous employment includes leading roles at Tesco Mobile Ltd and Serco Group PLC. Reason for his departure from IQE has not been disclosed. Associate Director of Finance Neil Rummings is appointed acting CFO with immediate effect while IQE commences the search for a permanent successor. Rummings joined IQE in April 2017 and previously served as a director at PricewaterhouseCoopers International Ltd for over six years.

Tim Pullen steps down suddenly as IQE finance chief

(Sharecast News) - Semiconductor wafer product specialist IQE announced on Thursday that chief financial officer Tim Pullen had resigned from his position.

TRADING UPDATES: Triple Point Social quarterly net asset value up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News:

IQE launches new microLED wafer products

(Sharecast News) - Semiconductor wafer specialist IQE announced the introduction of a new range of 200mm RGB epitaxial wafer products on Wednesday, specifically designed for microLED display qualification.