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Q's first-quarter results are likely to reflect benefits from AI-driven demand for its products and solutions across the Semiconductor Technologies and ICS segments.
The company reported first-quarter earnings per share of 55 cents from sales of $1.7 billion. Wall Street was looking for earnings per share of 48 cents from sales of $1.7 billion.
Qnity Electronics is scheduled to post its first-quarter results in May, and analysts predict a double-digit decline in the company’s bottom-line figure.