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II-VI Incorporated (IIVI) Tops Q1 EPS by 7c; Guides In-line for Q2 and FY

October 20, 2009 7:03 AM EDT
IIVI Hot Sheet
Financial Fact:
Selling, general and administrative: 23.33M

Today's EPS Names:
TARO, BRLI, TLB, More
II-VI Incorporated (Nasdaq: IIVI) reports Q1 EPS of $0.21, 7 cents better than estimates. Revenues were $65.54 million vs. $58.65 million consensus.

For the second fiscal quarter ending December 31, 2009, the Company currently forecasts revenues to range from $64.0 million to $67.0 million and earnings per share attributable to II-VI Incorporated to range from $0.18 to $0.22. (Consensus is $64.55M and $0.20, respectively)

For the fiscal year ending June 30, 2010, the Company expects revenues to range from $264 million to $274 million and earnings per share to range from $0.85 to $0.95. (Consensus is $266.30M and $0.90, respectively)

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