$121.620
-1.265 (-1.04%)At close
Q News
Q Events
Qnity Electronics Introduces New Memory Cooling Solutions
Qnity Electronics introduced two new advanced memory cooling solutions leveraging Laird Graphite-over-Foam, GOF, and Laird Thermal Interface Material technologies. Both advanced solutions help data center designers keep high-density memory systems, including Double Data Rate 5 Dual In-line Memory Module, DDR5 DIMM, modules cool, reliable, and serviceable as AI pushes memory density and power to new levels.
Qnity Introduces High-Performance Kalrez 7080 Sealing Parts
Qnity Electronics introduced Kalrez 7080 perfluoroelastomer parts, a high-performance sealing solution engineered for semiconductor processes operating at temperatures up to 330 degrees C. Designed to support increasingly demanding thermal environments, the new solution strengthens Qnity's portfolio of Kalrez sealing technologies for semiconductor manufacturing. Kalrez 7080 parts and other Kalrez sealing solutions will be featured at Qnity's booth at SEMICON West, Oct. 13-15, in San Francisco, Calif.
Qnity Electronics Appoints Ken Rizvi as CFO
Qnity Electronics (Q) has appointed Ken Rizvi as SVP and CFO, effective October 1. Michael Goss, who has been serving as interim CFO, will assume the role of Qnity's Vice President, Finance and Controllership, at that time. Rizvi most recently served as CFO of Synaptics (SYNA).
Qnity Reports Q2 Revenue of $1.4B
Reports Q2 revenue $1.4B, consensus $1.36B. "We delivered our ninth consecutive quarter of profitable growth driven by disciplined execution across both segments," said CEO Jon Kemp. "The continued momentum reflects our deep alignment with the industry's most advanced technology roadmaps, our embedded role in customers' next-generation platforms, and our ability to deliver the solutions they need at scale. The industry shift toward shrink and stack is lengthening the journey every chip takes, requiring more process complexity and more layers, creating a multiplier effect for materials intensity. Qnity sits at the center of this trend with one of the broadest portfolios of end-to-end solutions across the stack. As AI, high-performance computing and advanced connectivity reshape demand, we are uniquely positioned to continue enhancing value for customers and deliver long-term growth for our shareholders."
FY26 Revenue Outlook Raised to $5.55B-$5.65B
FY26 consensus $4.17. Raises FY26 revenue view to $5.55B-$5.65B from $5.225B-$5.375B, consensus $5.37B. Raises FY26 adjusted operating EBITDA view to $1.675B-$1.725B from $1.535B-$1.625B and FY26 adjusted free cash flow view to $600M-$700M from $500M-$600M.
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