Form 8-K II-VI INC For: Jul 28

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Go back to Form 8-K II-VI INC For: Jul 28

II-VI, Inc. (IIVI) Tops Q4 EPS by 16c

August 2, 2016 6:58 AM EDT

II-VI, Inc. (NASDAQ: IIVI) reported Q4 EPS of $0.40, $0.16 better than the analyst estimate of $0.24. Revenue for the quarter came in at $241.4 million versus the consensus estimate of $214.13 million.

The Companys Board of Directors has appointed Dr. Vincent D. Mattera, Jr. as President and Chief Executive Officer effective September 1, 2016 following the retirement of current CEO Francis J. Kramer. Dr. Mattera has served as the President since 2014.

Dr. Mattera was a member of the II-VI Board of Directors from 2000 to 2002 before joining the Company in 2004 as a Vice President. Prior to that,... More