earnings
confidence high
sentiment positive
materiality 0.80
Qnity Q2 net sales $1.43B (+22% YoY), adj. EPS $1.19 (+53%); raises FY guidance
Qnity Electronics, Inc.
- Net sales $1.429B, up 22% YoY; organic sales also up 22%. GAAP net income $136M (-31%), GAAP EPS $0.59 (-34%).
- Adjusted earnings $250M (+53% YoY), adjusted EPS $1.19 (+53%); adjusted operating EBITDA $431M (+24%).
- Segment: Semiconductor Technologies $744M, Interconnect Solutions $685M.
- Raised FY2026 guidance: net sales $5.55B-$5.65B, adj. EBITDA $1.675B-$1.725B, adj. EPS $4.40-$4.60, adj. FCF $600M-$700M.
- CEO cites industry shift toward shrink and stack, AI, HPC driving demand.