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II-VI Inc (IIVI.OQ)

IIVI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

II-VI qtrly adjusted earnings per share $0.35
Tuesday, 25 Oct 2016 06:55am EDT 

Ii-vi Inc : Ii-Vi incorporated reports solid fiscal 2017 first quarter results; optical communications remains strong and growing; company accelerates new technology platform investment . Ii-Vi incorporated reports solid fiscal 2017 first quarter results; optical communications remains strong and growing; company accelerates new technology platform investment . Ii-Vi - outlook for second fiscal quarter ending december 31, 2016 is revenue of $220 million to $230 million and diluted earnings per share of $0.24 to $0.29 . Ii-Vi inc - additional research and development investment in second fiscal quarter is expected to be around $0.10 per share . Ii-Vi inc qtrly bookings increased 31% and revenues increased 17% compared to q1fy16 . Qtrly earnings per share $ 0.26 . Qtrly adjusted earnings per share $ 0.35 . Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Qtrly revenues $ 221.5 million versus $ 189.2 million . Q2 revenue view $220.9 million -- Thomson Reuters I/B/E/S .Q1 earnings per share view $0.24, revenue view $220.0 million -- Thomson Reuters I/B/E/S.  Full Article

II-VI announces sale of certain RF assets for $45 mln in cash at closing - SEC Filing
Thursday, 9 Jun 2016 08:23am EDT 

II-VI Inc : II-VI Inc - sale of certain rf assets formerly owned by anadigics in June 2016 for $45 million in cash at closing - SEC Filing .II-VI Inc - deal includes $5 million earn out over 18 months, coupled with various support and multi-year supply agreements with purchaser.  Full Article

II-VI Inc gives Q4 2016 guidance
Tuesday, 26 Apr 2016 06:55am EDT 

II-VI Inc:Says outlook for operations without acquisition effects (non-GAAP) for Q4 2016 is revenue of $200 million to $210 million and earnings per share of $0.25 to $0.29.Says on a consolidated basis, revenue is expected to be between $210 million to $225 million and earnings per share is expected to be $0.22 to $0.24, excluding one-time items and effects of actions underway to improve operating efficiencies.  Full Article

II-VI Inc completes the acquisition of EpiWorks
Monday, 1 Feb 2016 04:34pm EST 

II-VI Inc:Completed its acquisition of EpiWorks Inc.  Full Article

II-VI Inc gives Q3 2016 guidance in line with analysts' estimates
Tuesday, 26 Jan 2016 07:00am EST 

II-VI Inc:Forecasts Q3 2016 revenues to range from $185 million to $195 million and diluted earnings per share to range from $0.25-$0.29 at prevailing exchange rates and before any effects of any acquisitions.Q3 2016 revenue of $194 million and EPS of $0.26 - Thomson Reuters I/B/E/S.  Full Article

II-VI Inc to acquire Epiworks and Anadigics for a combined $110 mln
Tuesday, 19 Jan 2016 07:30am EST 

II-VI Inc:To acquire Epiworks, Inc. and ANADIGICS Inc, for a combined $110M, expands technology platforms and production capacity to address fast growing markets for semiconductor lasers.Says company updates guidance for the Q2 to revenue of $189-191 million, EPS of $0.28-0.30.Says company is financing the acquisitions from available cash and borrowings under its credit facility.Says acquisition of Epiworks is valued at approximately $43.0 million in cash due at closing with a $6 million earn out.Says acquisition of Anadigics valued at approximately $61.0 million in cash due at closing.Says on a non-GAAP basis,co expects transactions to be accretive to continuing operations beginning in second half of 2017.For quarters preceding H2 of calendar 2017, the transaction is expected to be dilutive due to investment in the 6" platform.  Full Article

II-VI Inc gives Q1 2016 guidance; revenue guidance below estimates
Tuesday, 4 Aug 2015 04:25pm EDT 

II-VI Inc:Expects Q1 2016 revenue to be in the range of $180-$190 million.Expects Q1 2016 diluted EPS in the range of $0.20-$0.25.Q1 2016 revenue of $192 million and EPS of $0.25 - Thomson Reuters I/B/E/S.  Full Article

II-VI Inc gives Q4 2015 guidance in line with analysts' estimates
Tuesday, 28 Apr 2015 06:55am EDT 

II-VI Inc:Expects Q4 2015 revenues to be in range from $185 mln to $193 mln.Expects Q4 2015 EPS from continuing operations to range from $0.20-$0.24 per share-diluted.Q4 2015 revenue of $189 mln, EPS of $0.23 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-II-VI Incorporated reports fiscal 2017 second quarter earnings

* II-VI Incorporated reports fiscal 2017 second quarter earnings; achieves record bookings, revenues and backlog