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Lumentum's fiscal second quarter results were hit by ongoing supply shortages, and those shortages are not letting up soon. Underlying demand for optical networking equipment is strong and likely to support a multiyear period of double-digit growth for Lumentum, but supply constraints...
PITTSBURGH, Feb. 22, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it will contribute $1,000,000 in unrestricted funds during 2022 to support the goals of the II-VI Foundation, a 501(c)...
PITTSBURGH, Feb. 17, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical communications technology, today announced the introduction of its pluggable optical line subsystem (POLS) in the small QSFP form factor for eight-channel 400ZR/ZR+ transport in datac...
Lockheed Martin terminates deal with Aerojet Rocketdyne. On January 25, 2022, the Federal Trade Commission sued to block the deal. Frontier Group Holdings to acquire Spirit Airlines. For further details see: Merger Arbitrage Mondays: Lockheed Martin Scraps Plans ...
Image source: The Motley Fool. II-VI (NASDAQ: IIVI) Q2 2022 Earnings Call Feb 09, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: II-VI (IIVI) Q2 2022 Earnings Call Transcript
II-VI Incorporated (IIVI) Q2 2022 Earnings Conference Call February 09, 2022 9:00 AM ET Company Participants Mary Jane Raymond – Chief Financial Officer Chuck Mattera – Chair and Chief Executive Officer Giovanni Barbarossa – Chief Strategy Officer and President, Compound ...
II-VI press release (NASDAQ:IIVI): Q2 Non-GAAP EPS of $0.92 beats by $0.06. Revenue of $806.8M (+2.6% Y/Y) misses by $10.34M. Guidance: The outlook for the third fiscal quarter ending March 31, 2022 is revenue of $785 million to $825 million vs consensus of $830.35M and earnings pe...
Record Bookings of $1.1 billion, grew 21% year over year Record Backlog of $1.7 billion, grew 58% year over year Revenue of $807 million GAAP EPS of $0.44 Non-GAAP EPS of $0.92 $990 million notes issued and $4.0 billion secured facility allocate...
PITTSBURGH, Feb. 08, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical communications transceivers, today announced that it shipped its 400G ZR+ QSFP-DD-DCO transceivers, the world’s first with 0 dBm output power, to Windstream Wholesale for field...
II-VI (NASDAQ:IIVI) is scheduled to announce Q2 earnings results on Wednesday, February 9th, before market open. The consensus EPS Estimate is $0.86 (-20.4% Y/Y) and the consensus Revenue Estimate is $817.14M (+3.9% Y/Y). Over the last 2 years, IIVI has beaten EPS estimates 100% of the time a...
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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...