II-VI Incorporated Reports Fiscal 2017 Fourth Quarter and Full Year Earnings

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II-VI, Inc. (IIVI) PT Raised to $45 at Needham & Company Following 4Q

August 7, 2017 4:32 PM EDT

Needham & Company raised its price target on II-VI, Inc. (NASDAQ: IIVI) to $45.00 (from $40.00) while maintaining a Buy rating. 4Q revenues increased 13% y/o/y to $273.7M, above guidance of $245M-$252M and consensus $250.4M. EPS of $0.50 was well above guidance of $0.33-$0.37 and consensus... More

II-VI, Inc. (IIVI) Tops Q4 EPS by 15c

August 7, 2017 6:56 AM EDT

II-VI, Inc. (NASDAQ: IIVI) reported Q4 EPS of $0.50, $0.15 better than the analyst estimate of $0.35. Revenue for the quarter came in at $273.7 million versus the consensus estimate of $249.9 million.

GUIDANCE:

II-VI, Inc. sees Q1 2018 EPS of $0.30-$0.34, versus the consensus of... More