II-VI, Inc. (IIVI) Tops Q2 EPS by 18c, Revenues Beat; Offers 3Q EPS/Revenues Mid-Point Guidance Above Consensus

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II-VI Incorporated Reports Fiscal 2021 Second Quarter Results

February 9, 2021 6:55 AM EST

Record Quarterly Revenue of $786.6 million Record Backlog of $1.08 billion Record Cash from Operations of $221 million and Record Free Cash Flow $175.8 million1Quarterly GAAP Operating Income of $118.7 million and GAAP EPS of $0.73Quarterly Non-GAAP Operating Income of $173.0 million and Non-GAAP EPS of $1.08December 31, 2020 net debt leverage ratio of 0.9x, reduced from 1.3x at September 30, 20202

PITTSBURGH, Feb. 09, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI," We or the "Company") today reported... More