Soitec SA Share From reverse split

SOI: XPAR (FRA)
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Soitec: Very High Uncertainty and Low Financial Visibility Remain Heading Into Next Quarter

Soitec heads into the next quarter of the calendar year in an environment of very high uncertainty. Management has guided for 50% sequential sales growth in the third calendar quarter, but overall sales levels remain very depressed after two profit warnings year to date.

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