Edition:
United States

II-VI Inc (IIVI.OQ)

IIVI.OQ on NASDAQ Stock Exchange Global Select Market

51.95USD
22 Nov 2017
Change (% chg)

$-0.05 (-0.10%)
Prev Close
$52.00
Open
$51.65
Day's High
$52.55
Day's Low
$51.25
Volume
249,677
Avg. Vol
153,548
52-wk High
$52.55
52-wk Low
$27.30

Latest Key Developments (Source: Significant Developments)

II-VI Q1 adjusted earnings per share $0.35
Tuesday, 31 Oct 2017 06:55am EDT 

Oct 31 (Reuters) - II-VI Inc ::II-VI incorporated reports fiscal year 2018 first quarter earnings.Q1 adjusted earnings per share $0.35.Q1 GAAP earnings per share $0.32.Q1 revenue $262 million versus I/B/E/S view $255.2 million.Q1 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.II-VI Inc - ‍outlook for second fiscal quarter ending December 31, 2017 is revenue of $272 million to $282 million​.II-VI Inc - ‍outlook for second fiscal quarter ending December 31, 2017 for earnings per share is $0.35 to $0.38​.Q2 earnings per share view $0.40, revenue view $265.5 million -- Thomson Reuters I/B/E/S.  Full Article

II-VI announces pricing of $300 mln convertible senior notes offering
Thursday, 24 Aug 2017 06:55am EDT 

Aug 24 (Reuters) - II-VI Inc :II-VI announces pricing of $300 million convertible senior notes offering.II-VI Inc - ‍Pricing of $300.0 million aggregate principal amount of 0.25% convertible senior notes due 2022​.II-VI Inc - ‍Interest will be payable semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2018​.II-VI Inc - Convertible senior notes will mature on September 1, 2022.  Full Article

II-VI enters into a first amendment to third amended and restated credit agreement​
Tuesday, 22 Aug 2017 04:51pm EDT 

Aug 22 (Reuters) - II-VI Inc :II-VI Inc says ‍effective as of August 17, entered into a first amendment to third amended and restated credit agreement​ - SEC filing.II-VI - ‍ Amendment amended Credit Agreement governing Co's existing credit facility to allow co to incur $350.0 million principal amount of indebtedness​.  Full Article

II-VI announces proposed convertible senior notes offering
Tuesday, 22 Aug 2017 04:01pm EDT 

Aug 22 (Reuters) - Ii-vi Inc :II-VI announces proposed convertible senior notes offering.II-VI Inc says intention to offer $300.0 million aggregate principal amount of convertible senior notes due 2022.  Full Article

II-VI Inc reports Q4 earnings per share ‍$0.50​
Monday, 7 Aug 2017 06:55am EDT 

Aug 7 (Reuters) - II-VI Inc :II-VI incorporated reports fiscal 2017 fourth quarter and full year earnings.II-VI Inc - qtrly earnings per share ‍$0.50​.II-VI Inc - qtrly ‍rev $273.7 million versus $241.4 million​.II-VI Inc - ‍outlook for first fiscal quarter ending September 30, 2017 is revenues of $250 million to $260 million​.Sees Q1 2018 earnings per share $0.30 to $0.34.Q1 earnings per share view $0.32, revenue view $244.8 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.35, revenue view $249.9 million -- Thomson Reuters I/B/E/S.Ii-vi - Costs related to acquisitions of ipi, uk wafer fab negatively affecting q1 eps guidance by $0.07, including $0.04 that will not continue after q1.  Full Article

II-VI Inc acquires Kaiam's 6-inch wafer fabrication facility in the U.K.
Monday, 7 Aug 2017 06:50am EDT 

Aug 7 (Reuters) - II-VI Inc :II-VI incorporated acquires Kaiam's 6-inch wafer fabrication facility in the U.K..II-VI Inc - ‍Purchase price of acquisition was $80 million in cash​.II-VI inc - ‍Acquisition is expected to be breakeven at Ebitda level within 12 months​.II-VI Inc - ‍Announced its acquisition of Kaiam Laser Limited, a 6-inch wafer fabrication facility in Newton Aycliffe in United Kingdom​.II-VI Inc - ‍Purchase price of transaction was paid for from company's cash reserves​.  Full Article

II-VI Incorporated reports qtrly earnings per share $0.35
Tuesday, 2 May 2017 06:55am EDT 

May 2 (Reuters) - II-VI Inc : :II-VI Incorporated reports fiscal 2017 third quarter earnings; established record bookings and revenue; sees strength in all segments.II-VI Inc - qtrly earnings per share $0.35.Qtrly total revenues $244.98 million versus $205.11 million.II-VI Inc - outlook for Q4 is revenue of $245 million to $252 million and diluted earnings per share of $0.33 to $0.37.  Full Article

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

BRIEF-II-VI Q1 adjusted earnings per share $0.35

* II-VI incorporated reports fiscal year 2018 first quarter earnings