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II-VI Inc Issues Q1 2014 Guidance; Revenue Guidance Blow Analysts' Estimates; Issues FY 2014 Mixed Guidance


Thursday, 1 Aug 2013 06:55am EDT 

II-VI Inc announced that for the first quarter of 2014, it expects revenues to range from $140 million to $145 million and earnings per share to range from $0.18 to $0.23. For fiscal 2014, it expects revenues to increase between 6% and 9% and earnings per share to increase between 20% and 30%. The Company reported revenues of $558.40 million and EPS of $0.80 in fiscal 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $154 million and EPS of $0.23 for the first quarter of 2014; revenues of $616 million and EPS of $1.05 for fiscal 2014. 

Company Quote

14.13
-0.2 -1.40%
22 Aug 2014