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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.
II-VI (IIVI) delivered earnings and revenue surprises of 10.47% and 2.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
II-VI Inc (NASDAQ: IIVI) reported third-quarter FY22 revenue growth of 5.7% year-on-year to $827.7 million, beating the consensus of $804.8 million. Segments: Photonic Solutions revenue increased 11.8% Y/Y to $567.8 million.
PITTSBURGH, April 27, 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 live webcast and conference call on Tuesday, May 10, 2022, at 9:00 a.m. ET. The webcast and 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, Compound Semiconductors.