II-VI, Inc. (IIVI) PT Lowered to $85 at Needham & Company
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II-VI Incorporated Reports Fiscal 2022 First Quarter Results Record Quarterly Bookings and Backlog Drive Organic Growth
November 9, 2021 6:55 AM ESTRecord Bookings of $939 million grew 43% year over yearRevenue of $795 million grew 9% year over year Record Backlog of $1.4 billionGAAP Net Earnings of $75 million GAAP EPS of $0.50 grew 32% year over yearNon-GAAP EPS of $0.87 grew 4% year over year Non-GAAP return on sales of 14.8% grew 7% year over year
PITTSBURGH, Nov. 09, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI," We or the "Company") today reported results for its fiscal 2022 first quarter ended... More
