II-VI, Inc. (IIVI) Tops Q1 EPS by 11c; Guides Q2 Modestly Above the Street

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Go back to II-VI, Inc. (IIVI) Tops Q1 EPS by 11c; Guides Q2 Modestly Above the Street

II-VI Incorporated Reports Solid Fiscal 2017 First Quarter Results; Optical Communications Remains Strong and Growing; Company Accelerates New Technology Platform Investment

October 25, 2016 6:55 AM EDT

Bookings increased 31% and Revenues increased 17% compared to Q1FY16GAAP EPS in line with Q1FY16, Adjusted EPS increased 30% over Q1FY16

PITTSBURGH, Oct. 25, 2016 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI" or the "Company") today reported results for its first fiscal quarter ended September 30, 2016.

Vincent D. Mattera, Jr., President and Chief Executive Officer, said We started our new fiscal year with a very good first quarter, reporting results at the high end of our guidance. Component sales into the... More