II-VI, Inc. (IIVI) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q EPS/Revenue Outlook Above Consensus

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II-VI Incorporated Reports Q1 Fiscal 2019 Results

November 1, 2018 6:55 AM EDT

Revenues Increased 20% Compared to Q1FY18GAAP EPS of $0.40 Increased 25%; Adjusted EPS of $0.56 Increased 12% Compared to Q1FY18 Operating income increased 25% compared to Q1FY18, 23% on an adjusted basis

PITTSBURGH, Nov. 01, 2018 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI" or the "Company") today reported results for its fiscal first quarter ended September 30, 2018.

We delivered a solid first quarter, and ended with a record order backlog. Compared to Q1FY18,... More