II-VI, Inc. (IIVI) Tops Q2 EPS by 18c, Revenues Beat; Offers 3Q EPS/Revenues Mid-Point Guidance Above Consensus
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Go back to II-VI, Inc. (IIVI) Tops Q2 EPS by 18c, Revenues Beat; Offers 3Q EPS/Revenues Mid-Point Guidance Above Consensus
February 8, 2021 5:31 PM EST
IIVI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its double-junction vertical cavity surface-emitting laser (VCSEL) arrays, the first of its multi-junction VCSEL array platforms for next-generation world-facing 3D sensing applications.
The growing adoption of 3D sensing in several markets, including in consumer electronics, automotive, and industrial, is driving the demand for depth sensors with longer and wider range, lower power consumption, smaller size, and lower cost. II-VIs new VCSEL arrays are based on a double-junction technology that doubles the power output... More
February 5, 2021 8:30 AM EST
B.Riley analyst Dave Kang raised the price target on II-VI, Inc. (NASDAQ: IIVI) to $72.00 (from $47.00) while maintaining a Neutral rating.... More
February 5, 2021 8:00 AM EST
Deutsche Bank analyst Sidney Ho raised the price target on II-VI, Inc. (NASDAQ: IIVI) to $100.00 (from $63.00) while maintaining a Buy rating.... More
