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Soitec SA (SOIT.PA)

SOIT.PA on Paris Stock Exchange

48.99EUR
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Soitec Q4 revenue up at 70.5 million euros
Wednesday, 19 Apr 2017 11:55am EDT 

April 19 (Reuters) - Soitec SA ::Q4 revenue 70.5 million euros ($75.4 million) versus 65.4 million euros year ago.FY revenue 245.7 million euros versus 233.2 million euros year ago.For FY 2016-17 expects at least 16.5 percent EBITDA margin of Electronics division.For Q1 2017-2018, expects revenue growth of at least 20 percent at constant exchange rates in comparison to Q1 of FY 2016-2017.  Full Article

Soitec says ends patent lawsuit with SiGen
Wednesday, 29 Mar 2017 01:49pm EDT 

Soitec SA : says it and Silicon Genesis Corporation (SiGen) have successfully brought an end to dispute over the importation and sale in the U.S. of certain silicon-on-insulator (SOI) wafers .Both companies have agreed to dismiss all pending litigations including the proceedings in front of the U.S. International Trade Commission (USITC)..  Full Article

Soitec reverse stock split has taken effect
Wednesday, 8 Feb 2017 12:13pm EST 

Soitec SA : Soitec reverse stock split has taken effect .This reverse stock split involved exchange of 20 old shares with par value of 0.10 euros each for 1 new share with par value of 2.00 euros ($2.14).  Full Article

Soitec Q3 revenues up 5 pct at constant exchange rates
Wednesday, 25 Jan 2017 11:45am EST 

Soitec SA : Q3 2017 revenues reached 63.1 million euros ($67.7 million), up 5 percent at constant exchange rates compared with Q3 2016 . FY revenue growth should be in line with growth achieved in first 9 months . "We expect further milestones for our FD-SOI technology to be reached in coming quarters" - CEO . Confirms targeting EBITDA margin in electronics for H2 of same order of magnitude as in H1 (i.e. 16.5 percent EBITDA margin) . Now expects its FY 2017 revenue growth at constant exchange rates to be in line with the growth achieved in the first nine months of FY 2017 (i.e. up 4 pct) .For Q4 growth in demand for products used in radio-frequency (RF) applications and power electronics applications (power) should remain robust.  Full Article

Soitec: launch of reverse stock split of Soitec shares
Monday, 9 Jan 2017 01:30am EST 

Soitec Sa : Launch of reverse stock split of Soitec shares . Reverse stock split involving exchange of 20 old shares with par value of 0.10 euros for 1 new share with par value of 2.00 euros ($2.10) . Start date of reverse stock split operation: 9 January 2017 .Reverse stock split (delisting of old shares and listing of new shares) due to take effect on 8 February 2017.  Full Article

Soitec Q1 revenue up at 55.4 million euros
Wednesday, 20 Jul 2016 11:45am EDT 

Soitec SA : Q1 revenue of 55.4 million euros ($60.94 million) versus 54.1 million euros year ago .Full year guidance reiterated.  Full Article

Soitec FY net loss group share narrows to 71.7 million euros
Thursday, 16 Jun 2016 01:31am EDT 

Soitec SA : Consolidated FY 2016 revenues came to 233.2 million euros ($262.96 million), a 35.9 pct increase (+ 21 pct at constant exchange rates) . FY current operating income 22.4 million euros versus loss of 22.9 million euros year ago . FY net loss group share 71.7 million euros versus loss of 258.7 million euros year ago . Outlook for FY 2017: single-digit revenue growth and a stable EBITDA margin for electronics .In Q1 of FY 201717, Soitec expects revenues to be roughly in line with those generated in Q1 of FY 2016 in electronics business at constant exchange rates.  Full Article

Soitec completes rights issue of about 75.4 million euros
Monday, 6 Jun 2016 11:58am EDT 

Soitec SA : Successful completion of the rights issue of approximately 75.4 million euros ($85.62 million) . Rights issue was oversubscribed with total demand of about 391.5 million shares, representing about 166 pct of offer .Success of rights issue is final step of recapitalisation project of approximately 151.9 million euros announced on February 10th, 2016.  Full Article

Soitec launches circa 75 mln euro rights issue
Friday, 13 May 2016 01:31am EDT 

Soitec SA : Announces launch of a rights issue, for an amount of approximately 75 million euros ($85.3 million) . Ratio: 7 new shares for 11 existing shares . Subscription price: 0.32 euros per new share .Subscription period: from May 16, 2016 to May 30, 2016 (inclusive).  Full Article

Soitec presents results of standing repurchase offer for holders of 2018 OCEANEs
Thursday, 12 May 2016 11:48am EDT 

Soitec SA : Received irrevocable indications of selling interests on 22,073,131 bonds convertible into and/or exchangeable for new or existing shares issued by company on 18 September 2013 .2,905,123 2018 OCEANEs, representing approximately 7.26 pct of number of 2018 OCEANEs initially issued have been collected.  Full Article

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BRIEF-Soitec Q4 revenue up at 70.5 million euros

* Q4 revenue 70.5 million euros ($75.4 million) versus 65.4 million euros year ago