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.

PITTSBURGH, Jan. 12, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it will contribute $1,000,000 in unrestricted funds during 2021 to support the goals of the II-VI Foundation, a 501(c)(3) charitable organization, and in connection with its environmental, social, and governance (ESG) initiatives. The mission of the II-VI Foundation is to encourage and enable students to pursue careers in science, technology, engineering, and mathematics (STEM) while maintaining a standard of excellence in that pursuit. The private foundation's two primary programs are block gifts for graduate students and undergraduate student scholarships.

II-VI Incorporated Pledges $1,000,000 In Connection with Its ESG Initiatives to Fund STEM Educational and Research Programs

Applied Materials

Tech stocks are poised to outperform yet again as the industry sees accelerating growth, according to an analyst at BofA Securities. Factors Favoring The Outperformance:  The semiconductor industry will see an accelerating compounded annual growth rate of 8% from the calendar year 2020 through 2022, compared to the 2% growth of the past three years, analyst Vivek Arya said in a note.

Applied Materials, II-VI Are BofA's Favorite Semiconductor Plays For 2021

PITTSBURGH, Jan. 08, 2021 (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 Incorporated to Present at the 23rd Annual Needham Growth Conference

PITTSBURGH, Jan. 07, 2021 (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 Incorporated to Present at 19th Annual J.P. Morgan Tech/Auto Forum during the 2021 International CES

Does II-VI (IIVI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love II-VI (IIVI)

PITTSBURGH, Dec. 16, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI) and Coherent Inc. (Nasdaq: COHR), today announced that they have entered into a supply agreement creating a collaboration to enable faster process development and streamlined production services for automotive laser welding applications. These include high-strength alloy welding for automotive body-in-white applications and mass production copper welding for electrification applications. Specifically, the combination of II-VI's advanced laser processing heads and Coherent's Adjustable Ring Mode (ARM) fiber laser technology delivers power adjustment and beam positioning on the fly to produce optimal welds with the highest quality at a very high speed and over large working areas, increasing the efficiency and decreasing the cost of ownership.

II-VI and Coherent to Jointly Supply Turnkey Automotive and Electrification Welding Solutions

Coherent Corp

SANTA CLARA, Calif., Dec. 16, 2020 /PRNewswire/ -- Coherent (Nasdaq: COHR), and II–VI Incorporated (Nasdaq: IIVI) today announced that they have entered into a supply agreement creating a collaboration to enable faster process development and streamlined production services for automotive...

Coherent and II-VI to Jointly Supply Turnkey Automotive and Electrification Welding Solutions

PITTSBURGH, Dec. 10, 2020 (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 Incorporated to Present at MKM Partners Virtual Conference

PITTSBURGH, Dec. 09, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical components, modules, and subsystems, today announced that its pluggable optical line subsystem (POLS) platform has won the ECOC 2020 Industry Award in the Data Center Innovation/Best Product category.

II-VI Incorporated POLS Platform Wins ECOC 2020 Data Center Innovation/Best Product Award

PITTSBURGH, Dec. 04, 2020 (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 Incorporated to Present at 2020 Raymond James Technology Investors Conference

II-VI Inc. has beaten EPS estimates for three quarters in a row, and all analysts are bullish on its 2021 prospects. I too am bullish on the company's prospects, despite its humongous goodwill and intangible assets. It has started generating healthy operating cash flows, a good sign.

II-VI: Inside Out

Here's Why II-VI (IIVI) is a Great Momentum Stock to Buy

PITTSBURGH, Dec. 02, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical communications solutions for datacom and telecom networks, today announced that Dr. Sanjai Parthasarathi, Chief Marketing Officer, will be an invited speaker at ECOC, the annual European Conference on Optical Communications. The presentation will take place virtually during the Market Focus event on December 8 at 6:20 p.m. CET.

II-VI Incorporated to Present at ECOC Market Focus 2020

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II-VI (IIVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why II-VI (IIVI) Might be Well Poised for a Surge

II-VI is a leading engineered materials and optoelectronics manufacturer with a strong blue chip customer base. With the recent Finisar acquisition alongside strong tailwinds from 5G and 3D sensing, there is a significant room for upside.

II-VI: Leading Materials And Optoelectronics Play With Strong Upside

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Investment in momentum stocks with a favorable Zacks Rank may be fruitful in the near term. These include Fulgent Genetics (FLGT), II-VI (IIVI), General Motors (GM), Flagstar Bancorp (FBC) and Lear (LEA).

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PITTSBURGH, Nov. 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 Present at the Needham Virtual Security, Networking, and Communications Conference

The optoelectronics specialist reported strong quarterly results.

News for II-VI Incorporated Stock (IIVI)