Shares of II-VI IIVI moved higher by 2.3% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 200.00% over the past year to $1.08, which beat the estimate of $0.91.
Revenue of $786,569,000 up by 18.04% from the same period last year, which beat the estimate of $776,900,000.
Outlook
II-VI said it sees Q3 adjusted EPS of $0.81-$0.91 and sales of $760 million-$780 million.
Details Of The Call
Date: Feb 09, 2021
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ac56gs8k
Technicals
Company's 52-week high was at $96.22
52-week low: $19.00
Price action over last quarter: Up 58.74%
Company Description
II-VI Inc manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in two segments Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems. The Compound Semiconductors Segment is a market leader in differentiated materials and devices.
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