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Wednesday, February 9, 2022

=II-VI (IIVI) reported earnings on Wed 9 Feb 22 (b/o)

 

II-VI beats by $0.06, misses on revs; guides Q3 EPS in-line, revs below consensus
  • Reports Q2 (Dec) earnings of $0.92 per share, excluding non-recurring items, $0.06 better than the S&P Capital IQ Consensus of $0.86; revenues rose 2.6% year/year to $807 mln vs the $817.14 mln S&P Capital IQ Consensus.
  • Record bookings of $1.1 billion, grew 21% year over year.
  • Co issues guidance for Q3, sees EPS of $0.75-$0.90 vs. $0.87 S&P Capital IQ Consensus; sees Q3 revs of $785-$825 mln vs. $830.35 mln S&P Capital IQ Consensus.

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