IQE plc provided revenue guidance for the first half of 2022. For the period, the company's revenue for the half is expected to be at least £85 million (>7% growth) on a reported basis. With a foreign exchange tailwind, this is in line with prior year revenue of £79.5 million on a constant currency basis.

For the year 2022, full year remains unchanged with previously issued guidance of low single digit % revenue growth in 2022 (at constant currency), with growth weighted towards H2.