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The stock market has been jittery over the past week or so, and investors aren't likely to get the answers they're hoping for on Wednesday. Much of the uncertainty in the market stems from the upcoming Federal Reserve symposium in Jackson Hole, Wyoming, and until Fed Chair Jerome Powell and...
II-VI press release ( NASDAQ: IIVI ): FQ4 Non-GAAP EPS of $0.98 beats by $0.04 . Revenue of $887M (+9.8% Y/Y) beats by $28.04M . Shares -1.11% PM. The outlook for 1Q23 quarter ending September 30, 2022 is revenue of $1.3B to $1.4B vs. consensus of $1.25...
Delivers record quarterly revenues of $887 million, up 7% sequentially and 10% year-over-year Posts Q4FY22 GAAP EPS of $0.23 and non-GAAP diluted EPS of $0.98 Achieves record FY22 bookings of $4.32 billion and revenue of $3.32 billion; up 29% and 7% annually re...
II-VI reinforced its role as a Silicon Carbide (SiC) wafers leader by inking a deal to supply IC leader Infineon Technologies. The SiC inverter market for EVs for 2021 and 2030 could exhibit a (compound annual growth rate) of 56% vs 25% for EV growth. II-VI is scheduled to announc...
Manufacturing company II-VI ( NASDAQ: IIVI ) said Vincent Mattera will continue as CEO until Aug. 1, 2030. The board unanimously agreed to extend Mattera's contract upon the recommendation of its human capital and compensation committee. Shares were trading +0.2...
PITTSBURGH, Aug. 23, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) (“II-VI,” “We,” or the “Company”), an innovator in materials, networking, and lasers enabling a sustainable world, today announced that its Board of Directors, upon the ...
II-VI ( NASDAQ: IIVI ) is scheduled to announce FQ4 earnings results on Wednesday, August 24th, before market open. The consensus EPS Estimate is $0.94 (-46.9% Y/Y) and the consensus Revenue Estimate is $858.96M (+119.3% Y/Y). Over the last 2 years, IIVI has beaten E...
II-VI ( NASDAQ: IIVI ) is 2.5% higher after sealing a contract to supply materials to Infineon Technologies ( OTCQX:IFNNY ) for power electronics. The multi-year deal will see II-VI supplying 150 mm silicon carbide substrates for use in electronics for electric...
PITTSBURGH, Aug. 23, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it closed a multi-year contract to supply Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) with 150 mm silicon carbide (SiC) subst...
Giverny Capital Asset Management, LLC is a partnership between Giverny Capital of Montreal and David Poppe, the former president and chief executive officer of Ruane, Cunniff & Goldfarb, LLC. For the second quarter of 2022, Giverny Capital Asset Management’s model portfolio...
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PITTSBURGH, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter and fiscal year ended June 30, 2024, in a press release posted on Coherentȁ...
PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a key partner in the development of the Thirty Meter Telescope (TMT), is proud to announce the completion of its 100th polished mirror segment. This significant milestone was celebrated with a visit from TMT representative...
PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the sc...