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II-VI (IIVI) shares are up 4.9% pre-market after posting fiscal Q2 beats with a current quarter guidance that met estimates.Record quarterly revenue was up 18% Y/Y to $786.6M. EPS was $1.08, topping estimates by $0.17.Other records Backlog of $1.08B, cash flow from operations o...
II-VI (IIVI): FQ2 Non-GAAP EPS of $1.08 beats by $0.17; GAAP EPS of $0.73 beats by $0.16.Revenue of $786.6M (+18.1% Y/Y) beats by $17.1M.Record Backlog of $1.08B.Record cash from operations of $221M and Record FCF of $175.8M.Shares -0.8% PM.Press Release For further details see: II-VI E...
Record Quarterly Revenue of $786.6 million Record Backlog of $1.08 billion Record Cash from Operations of $221 million and Record Free Cash Flow $175.8 million 1 Quarterly GAAP Operating Income of $118.7 million and GAAP EPS of $0.73 Quarterly Non-GAA...
PITTSBURGH, Feb. 08, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its double-junction vertical cavity surface-emitting laser (VCSEL) arrays, the first of its multi-jun...
I3 Verticals (IIVI) shares are up 6.3% after fiscal Q1 beats with revenue growth of 6% Y/Y to $43.3M and EPS of $0.22, one cent above consensus.Adjusted EBITDA was down 8% on the year to $10.9M.Integrated payments were 56% of payment volume.As of December 31, the...
II-VI (NASDAQ:IIVI) is scheduled to announce Q2 earnings results on Tuesday, February 9th, before market open.The consensus EPS Estimate is $0.91 (+152.8% Y/Y) and the consensus Revenue Estimate is $769.5M (+15.5% Y/Y).Over the last 2 years, IIVI has beaten EPS estimates 75% of the time and h...
PITTSBURGH, Feb. 03, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the Supply Chain Excellence Award 2020 from Fujitsu Network Communications Inc. at its virtual Supplier Appreciation Day held on Janua...
Earlier today, Lumentum (LITE) reported fiscal Q2 beats that also included sequential sales declines for the industrial and consumer businesses.JPMorgan analyst Samik Chatterjee says the declines suggest that rival II-VI (IIVI) is gaining market share and could lead investors to worry about 3...
Lumentum (LITE) reports mixed fiscal Q2 results with revenue roughly inline at $478.8M (+5% Y/Y, $2M below consensus) and EPS of $1.99, $0.08 above consensus."Combining the positive momentum from the prior quarter, with strengthened demand in Telecom and Lasers, we achieved new reco...
Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms. II-VI's market drivers include 5G, EVs, cloud, advanced smartphone features, and compound semiconductors. A diverse list of customers include NEC, Cisco,...
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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...