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

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II-VI Incorporated Reports Record FY16 Fourth Quarter and Full Year Bookings and Revenues; Dr. Vincent D. Mattera, Jr. Appointed CEO; Expanding Platform Investments

August 2, 2016 6:55 AM EDT

PITTSBURGH, Aug. 02, 2016 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI" or the "Company") today reported results for its fourth fiscal quarter and full year ended June 30, 2016. It also announced its expected investments in R&D platforms, including VCSEL as well as optoelectronic materials and device technologies to address the growing 3D sensing market.

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... More