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China is cutting its quarantine time for international travelers to 10 days, which is lending support to sectors like casino stocks. Morgan Stanley just published its Global Exposure Guide, which tracks revenue and cost exposure by region. "While China is a very important source of revenue fo...
PITTSBURGH and SANTA CLARA, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI) (“II-VI”) and Coherent, Inc. (Nasdaq: COHR) (“Coherent”) today announced that II-VI has obtained antitrust clearance from the State Administration for M...
New 100ZR C-temp- and I-temp-rated pluggable QSFP28-DCO transceiver features Steelerton ™ coherent DSP and auto-tunable Flextune ™ technology ADVA (FSE: ADV) and II‐VI Incorporated (Nasdaq: IIVI), today launched the industry’s first 100ZR plug...
PITTSBURGH and MUNICH, Germany, June 21, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical transceivers, and ADVA (FSE: ADV), a leader in open optical networking solutions, today launched the industry’s first 100ZR pluggable coherent transceiver. ...
PITTSBURGH, June 16, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in optical components and modules for undersea networks, today announced that it has reached the commercial milestone of shipping more than 1,000 LightFlow™ Flexband wavelength sel...
II‐VI (NASDAQ:IIVI) has signed renewable energy contracts for powering multiple sites throughout Asia with 100% renewable electricity. These new agreements represent 35 GWh of renewable electricity per year, thereby avoiding an additional 18,000 metric tons of CO2 emissions annually. T...
PITTSBURGH, June 09, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has signed renewable energy contracts for powering multiple sites throughout Asia with 100% renewable electr...
PITTSBURGH, June 07, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical transceivers, today announced that it completed the tape-out of its Steelerton™ digital signal processor (DSP) for 100 Gbps coherent transmission in optical access and aggregat...
The deal spread with II-VI (NASDAQ:IIVI) planned purchase of Coherent (NASDAQ:COHR) narrowed 80c to $4.64 after a report of positive progress with China's antitrust review. Market testing for a remedy has been completed and the transaction is moving into final approval procedure, accordi...
II-VI has built a remarkably robust moat and is massively investing in strong secular growth trends. The street consensus anticipates 16.11% FCF and 13.34% EBIT CAGR over the next 5 years. The acquisition of Coherent is fully funded and the company has a sustainable and realistic ...
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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...