II-VI Incorporated

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following segments: Photonic Solutions and Compound Semiconductors. The Photonic Solutions segment manufactures crystal materials, optics, microchip lasers and optoelectronic modules for use in optical communication networks and other diverse consumer and commercial applications, pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers, for both terrestrial and submarine applications within the optical communications market. The Compound Semiconductors segment designs, manufactures and markets optical and electro-optical components and materials, infrared optical components and high-precision optical assemblies for aerospace and defense, medical and commercial laser imaging applications, semiconductor lasers and detectors for optical interconnects and sensing applications, unique engineered materials for thermoelectric and silicon carbide applications servicing the semiconductor, aerospace and defense and medical markets. The company was founded Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials, opto-electronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. It operates through the following segments: Networking, Materials, and Lasers. The Networking segment leverages compound semiconductor technology platforms and deep knowledge of end-user applications. The Materials segment markets engineered materials and optoelectronic devices. The Lasers segment serves industrial customers in semiconductor capital equipment, display capital equipment, precision manufacturing, and aerospace and defense, as well as instrumentation customers in life sciences and scientific research. The company was founded by Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

II-VI Incorporated (IIVI) CEO Chuck Mattera on Q1 2021 Results - Earnings Call Transcript

II-VI (IIVI) delivered earnings and revenue surprises of 52.73% and 0.00%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

II-VI (IIVI) Tops Q1 Earnings Estimates

  Shares of II-VI (NASDAQ:IIVI) moved higher by 3.2% in pre-market trading after the company reported Q1 results.

II-VI: Q1 Earnings Insights

PITTSBURGH, Nov. 05, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 first quarter ended September 30, 2020.

II-VI Incorporated Reports Fiscal 2021 First Quarter Results

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II-VI's (IIVI) Q1 results are expected to reflect gains from healthy backlog and demand for products, acquired assets and the pandemic-induced favorable trends. However, high cost and expenses might be spoilsport.

II-VI (IIVI) to Report Q1 Earnings: Is a Beat in Store?

II-VI (IIVI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

II-VI (IIVI) Expected to Beat Earnings Estimates: Should You Buy?

PITTSBURGH, Oct. 27, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the 2019 Supplier Award for Optical Modules from Fujitsu Limited (TYO: 6702).

II-VI Incorporated Wins Fujitsu Supplier Award for Optical Modules

PITTSBURGH, Oct. 22, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced that its full product line of high-power semiconductor lasers is now available on its 6-inch GaAs platform.

II-VI Incorporated Announces Availability of Full Product Line of High-Power Semiconductor Lasers on 6-inch GaAs Platform

PITTSBURGH, Oct. 12, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer, has been named an Entrepreneur Of The Year® 2020 East Central Award winner. The Entrepreneur Of The Year Awards program, sponsored by Ernst & Young LLP (EY US), is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. The award recognizes those entrepreneurial leaders who are excelling in financial performance, overcoming adversity, societal impact and commitment to building a values-based company, innovation, and talent management. Dr. Mattera was selected by an independent panel of judges. The award was announced through the program’s first-ever virtual awards celebration, hosted by Deborah Norville, anchor of Inside Edition, on October 7, 2020.

II-VI Incorporated CEO Chuck Mattera Announced as an Entrepreneur Of The Year® 2020 East Central Award Winner

II-VI (IIVI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why II-VI (IIVI) Could Beat Earnings Estimates Again

A Relative Strength Rating upgrade for II-VI shows improving technical performance. Will it continue?

II-VI Enables Those Streaming Networks That Are Entertaining Stay-At-Home Families

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II-VI shares have been weak despite a respectable FYQ4 and guidance, with investors increasingly worried about near-term trends in metro optical and high-end data center deployments.

II-VI Seeing Expanding Opportunities And Shrinking Valuations On Optical Sector Worries

PITTSBURGH, Sept.  11, 2020  (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will participate in the following event:

II-VI Incorporated to Participate in Deutsche Bank Virtual Technology Conference

It was a big reversal for this top laser and optics company.

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PITTSBURGH, Aug.  31, 2020  (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer, has been named an Entrepreneur Of The Year® 2020 East Central Awards finalist. Dr. Mattera was selected as one of 26 finalists from nearly 100 nominations by a panel of independent judges.

II-VI Incorporated CEO Chuck Mattera Announced as an Ernst & Young LLP Entrepreneur Of The Year® 2020 East Central Award Finalist

PITTSBURGH, Aug.  26, 2020  (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) today announced that its Board of Directors has declared a quarterly dividend of $2.80 per share on its 6.00% Series A Mandatory Convertible Preferred Stock (Nasdaq: IIVIP). The quarterly dividend will be payable in cash on October 1, 2020, to shareholders of record as of September 15, 2020.

II-VI Incorporated Declares a Quarterly Dividend on Series A Mandatory Convertible Preferred Stock

PITTSBURGH, Aug.  21, 2020  (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will participate in the following event:

II-VI Incorporated to Participate in BMO Capital Markets’ 2020 Virtual Technology Summit

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PITTSBURGH, Aug.  20, 2020  (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of laser technologies for materials processing, today announced the introduction of its  L45 laser lapping system  for processing superhard materials such as polycrystalline diamond (PCD), polycrystalline diamond compact (PDC), synthetic diamond, and reaction-bonded ceramics.

II-VI Incorporated Introduces Laser Lapping System for Diamond and Superhard Materials Processing

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II-VI's (IIVI) buyout of Ascatron and INNOViON will allow it to create a world-leading, vertically integrated 150-mm SiC technology platform.

News for II-VI Incorporated Stock (IIVI)