IIVI Stock Recent News
IIVI LATEST HEADLINES
PITTSBURGH, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), the world's leading supplier of components and modules for optical communications, today announced that it is exhibiting at ECOC 2022 in Basel, Switzerland, Sept. 19-21, booth #1.
PITTSBURGH, Sept. 02, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference:
II-VI set new records for quarterly revenue in F4Q 2022 and significant growth in response to sustained robust demand across its businesses. II-VI confirmed significant share gains in 3D sensing at Apple, gaining share from Lumentum.
II-VI Incorporated (NASDAQ:IIVI ) Q4 2022 Results Conference Call August 24, 2022 9:00 AM ET Company Participants Mary Jane Raymond - CFO Dr. Chuck Mattera - Chair and CEO Dr. Giovanni Barbarossa - Chief Strategy Officer and President, Compound Semiconductors Conference Call Participants Paul Silverstein - Cowen Ananda Baruah - Loop Capital Dave Kang - B. Riley Mark Miller - Benchmark Jim Ricchiuti - Needham Samik Chatterjee - JPMorgan Simon Leopold - Raymond James Meta Marshall - Morgan Stanley Harsh Kumar - Piper Sandler Sidney Ho - Deutsche Bank Thomas O'Malley - Barclays Operator Good day and thank you for standing by.
II-VI (IIVI) delivered earnings and revenue surprises of 3.16% and 2.97%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
II-VI is positioned well to grow organically as well as through the recent acquisition of Coherent. Silicon carbide manufacturing provides a unique growth opportunity for II-VI.
PITTSBURGH, Aug. 10, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a conference call on Wednesday, August 24, 2022, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment.
II-VI (IIVI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Investment firm Dodge & Cox disclosed last week it upped its stake in II-VI Inc. ( IIVI , Financial) by 63.42%.
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.