II-VI, Inc. (IIVI) Tops Q4 EPS by 41c, Revenues Beat; Offers 1Q Revnue Mid-Point Guidance Above Consensus, 1Q EPS Guidance Below Consensus

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Go back to II-VI, Inc. (IIVI) Tops Q4 EPS by 41c, Revenues Beat; Offers 1Q Revnue Mid-Point Guidance Above Consensus, 1Q EPS Guidance Below Consensus

II-VI Incorporated Reports Fiscal 2020 Fourth Quarter and Full Year Results

August 13, 2020 6:56 AM EDT

Achieves Record Quarterly Revenues of $746.2M and Backlog of $957M
Quarterly GAAP Operating Income of $67.4M and Non-GAAP Operating Income of $124.6M Quarterly GAAP EPS of $0.53 and Non-GAAP EPS of $1.18 Record Full Year Cash Flow from Operations of $297.3M Record Full Year Free Cash1 Flow of $160.4MThe Companys early July FY21 equity raise improved its net debt leverage ratio2 from 3.8 to 2.0

PITTSBURGH, Aug. 13, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated... More