II-VI, Inc. (IIVI) PT Lowered to $90 at Needham & Company
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II-VI, Inc. (IIVI) PT Lowered to $68 at Susquehanna
May 7, 2021 8:49 AM EDTSusquehanna analyst Christopher Rolland lowered the price target on II-VI, Inc. (NASDAQ: IIVI) to $68.00 (from $100.00) while maintaining a Neutral rating.
The analyst commented, "a confusing quarter to analyze, but it seems as though Photonics supply constraints and Apple seasonal have June down a bit more than expected."
... MoreII-VI, Inc. (IIVI) Tops Q3 EPS by 3c
May 6, 2021 7:08 AM EDTII-VI, Inc. (NASDAQ: IIVI) reported Q3 EPS of $0.91, $0.03 better than the analyst estimate of $0.88. Revenue for the quarter came in at $783.2 million versus the consensus estimate of $772.27 million.
We delivered a strong quarter with revenue of $783 million, 25% growth over the same period in fiscal year 2020, with a book to bill ratio of 1.08 and record backlog of $1.13 billion. Our supply chain and... More
