II-VI Incorporated

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following segments: Photonic Solutions and Compound Semiconductors. The Photonic Solutions segment manufactures crystal materials, optics, microchip lasers and optoelectronic modules for use in optical communication networks and other diverse consumer and commercial applications, pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers, for both terrestrial and submarine applications within the optical communications market. The Compound Semiconductors segment designs, manufactures and markets optical and electro-optical components and materials, infrared optical components and high-precision optical assemblies for aerospace and defense, medical and commercial laser imaging applications, semiconductor lasers and detectors for optical interconnects and sensing applications, unique engineered materials for thermoelectric and silicon carbide applications servicing the semiconductor, aerospace and defense and medical markets. The company was founded Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials, opto-electronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. It operates through the following segments: Networking, Materials, and Lasers. The Networking segment leverages compound semiconductor technology platforms and deep knowledge of end-user applications. The Materials segment markets engineered materials and optoelectronic devices. The Lasers segment serves industrial customers in semiconductor capital equipment, display capital equipment, precision manufacturing, and aerospace and defense, as well as instrumentation customers in life sciences and scientific research. The company was founded by Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

The new 100ZR C-temp- and I-temp-rated pluggable QSFP28-DCO transceiver includes Steelerton™ coherent DSP and auto-tunable Flextune™ technology The new 100ZR C-temp- and I-temp-rated pluggable QSFP28-DCO transceiver includes Steelerton™ coherent DSP and auto-tunable Flextune™ technology

II-VI Incorporated and ADVA Unveil Industry's First 100ZR Pluggable Coherent Transceiver for the Optical Network Edge

MUNICH, Germany & PITTSBURGH--(BUSINESS WIRE)-- #100G--ADVA (FSE: ADV) and II‐VI Incorporated (Nasdaq: IIVI), today launched the industry's first 100ZR pluggable coherent transceiver. Jointly defined and purpose-built for the optical network edge, the Coherent 100ZR is rated for both commercial- and industrial-temperature (C-temp and I-temp) operating ranges. The new 100ZR digital coherent optics (DCO) transceiver features the Steelerton™ coherent digital signal processor (DSP). Co-funded by both compa

ADVA and II-VI Incorporated unveil industry's first 100ZR pluggable coherent transceiver for the optical network edge

PITTSBURGH, June 16, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in optical components and modules for undersea networks, today announced that it has reached the commercial milestone of shipping more than 1,000 LightFlow™ Flexband wavelength selective switch (WSS) modules for deployment in undersea optical networks.

II-VI Incorporated Reaches Milestone of Shipping More Than 1,000 Wavelength Selective Switch Modules for Undersea Optical Networks

Investment firm Dodge & Cox disclosed last week it upped its stake in II-VI Inc. ( IIVI , Financial) by 63.42%.

Dodge & Cox Ups Its Bet on II-VI

PITTSBURGH, June 09, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has signed renewable energy contracts for powering multiple sites throughout Asia with 100% renewable electricity. These new agreements represent 35 GWh of renewable electricity per year, thereby avoiding an additional 18,000 metric tons of CO2 emissions annually. The agreement covers II-VI sites in India, the Philippines, Vietnam, China, and Japan.

II-VI Incorporated Significantly Reduces Its Global Carbon Footprint with Renewable Energy Contracts in Asia

II-VI completes the tape-out of its Steelerton™ DSP, the first in the industry to enable 100 Gbps coherent transmission in a pluggable QSFP28 form factor II-VI completes the tape-out of its Steelerton™ DSP, the first in the industry to enable 100 Gbps coherent transmission in a pluggable QSFP28 form factor

II-VI Incorporated Develops Ultralow Power DSP for 100 Gbps Coherent Transmission in Optical Access Networks

II-VI has built a remarkably robust moat and is massively investing in strong secular growth trends. The street consensus anticipates 16.11% FCF and 13.34% EBIT CAGR over the next 5 years.

II-VI Is A Powerful Choice In Multiple Secular Growth Trends

II-VI Incorporated (NASDAQ:IIVI ) Q3 2022 Earnings Conference Call May 10, 2022 9:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Vincent Mattera - Chair and Chief Executive Officer Giovanni Barbarossa - Chief Strategy Officer and President, Compound Semiconductors Conference Call Participants Ananda Baruah - Loop Capital Paul Silverstein - Cowen Mark Miller - The Benchmark Company Richard Shannon - Craig-Hallum Samik Chatterjee - JP Morgan Dave Kang - B. Riley Jim Ricchiuti - Needham Simon Leopold - Raymond James Harsh Kumar - Piper Sandler Meta Marshall - Morgan Stanley Vivek Arya - Bank of America Christopher Rolland - Susquehanna Tom O'Malley - Barclays Operator Good day and thank you for standing by.

II-VI Incorporated (IIVI) CEO Vincent Mattera on Q3 2022 Results - Earnings Call Transcript

II-VI (IIVI) delivered earnings and revenue surprises of 10.47% and 2.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

II-VI (IIVI) Beats Q3 Earnings and Revenue Estimates

II-VI Inc (NASDAQ: IIVI) reported third-quarter FY22 revenue growth of 5.7% year-on-year to $827.7 million, beating the consensus of $804.8 million. Segments: Photonic Solutions revenue increased 11.8% Y/Y to $567.8 million.

Why II-VI Shares Are Trading Higher Today

PITTSBURGH, May 10, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical communications technology, today unveiled its node-on-a-blade platform, a scalable multi-degree reconfigurable optical add-drop multiplexer (ROADM) system. The system embeds ultrahigh-resolution telemetry that is critical for high-mix wavelength services, and compact wavelength selective switch (WSS) technology that is ideal for enterprise access networks.

II-VI Incorporated Unveils Node-on-a-Blade Platform with Ultrahigh-Resolution Telemetry for High-Mix Wavelength Services

PITTSBURGH, May 10, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2022 third quarter ended March 31, 2022.

II-VI Incorporated Reports Fiscal 2022 Third Quarter Results

PITTSBURGH, May 04, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), the world's largest ion implant foundry with disk refurbishing services, today announced that it will extend its ion implanter disk refurbishing services to Asia, with a multimillion-dollar expansion in Hsinchu City, Taiwan, which is expected to come online in July 2022.

II-VI Incorporated Extends Ion Implanter Disk Refurbishing Services to Asia With New Multimillion-Dollar Expansion in Taiwan

Parties Update Anticipated Closing Date of Merger Parties Update Anticipated Closing Date of Merger

II-VI Incorporated and Coherent, Inc. Announce Refiling of Premerger Notification and Report Form with Federal Trade Commission and U.S. Department of Justice

PITTSBURGH, April 27, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live webcast and conference call on Tuesday, May 10, 2022, at 9:00 a.m. ET. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Compound Semiconductors.

II-VI Incorporated to Webcast FY 2022 Third-Quarter Conference Call

PITTSBURGH, April 22, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has signed renewable energy contracts for powering nine of its sites in the United States with 100% renewable electricity. These new agreements represent 20 million kWh of renewable electricity per year, thereby avoiding an additional 5,000 metric tons of CO2 emissions annually.

II-VI Incorporated Significantly Reduces Its Global Carbon Footprint with Renewable Energy Contracts in the United States

PITTSBURGH, April 05, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of depth sensing technology, today announced that its 940 nm vertical-cavity surface-emitting laser (VCSEL) flood illuminator modules are qualified to the Automotive Electronics Council's AEC-Q102 quality standard for automotive in-cabin applications.

II-VI Incorporated Announces AEC-Q102 Compliance of its 940 nm VCSEL Flood Illuminator Modules for Automotive In-Cabin Applications

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Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms.

II-VI: Eyes On Carbide Automotive Chip Market As Semiconductor Shortage Ends

PITTSBURGH, March 16, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of laser technologies for materials processing, today announced the introduction of its advanced L60 laser tool for precision shaping of complex profiles in superhard materials including polycrystalline diamond (PCD), polycrystalline diamond compact (PDC), synthetic diamond, and reaction-bonded ceramics, allowing II-VI to capitalize on emerging industrial applications.

II-VI Incorporated Adds Profile-Shaping Laser to Its Lineup of High-Precision Surface-Lapping Laser Tools for Diamond and Superhard Materials Processing

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Wholesale, a leading provider of advanced optical solutions, announced today that it has successfully completed 1000 km 400G field trials leveraging pluggable modules from II-VI Incorporated (Nasdaq: IIVI) with QSFP-DD-DCO optics that achieve a high transmit power of 0dBm. The trials demonstrated unprecedented performance with strong working margins over a production network route and traversing up to 24 ROADMs in a lab environment. “II-VI's high t

Windstream Wholesale successfully completes 1000 km 400G ZR+ field trials

PITTSBURGH, March 07, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap semiconductors, today announced that it is accelerating its investment in 150 mm and 200 mm silicon carbide (SiC) substrate and epitaxial wafer manufacturing with large-scale factory expansions in Easton, Pennsylvania, and Kista, Sweden. This is part of the Company's previously announced $1 billion investment in SiC over the next 10 years.

II-VI Incorporated Accelerates Investment in Silicon Carbide Substrate and Epitaxial Wafer Manufacturing with Large-Scale Factory Expansions in Pennsylvania and Sweden

PITTSBURGH, Feb. 22, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it will contribute $1,000,000 in unrestricted funds during 2022 to support the goals of the II-VI Foundation, a 501(c)(3) charitable organization. This is the second year in a row that II-VI has contributed $1 million to the Foundation.

II-VI Incorporated Renews Annual Pledge of $1,000,000 to Fund STEM Educational and Research Programs in Calendar Year 2022

PITTSBURGH, Feb. 17, 2022 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical communications technology, today announced the introduction of its pluggable optical line subsystem (POLS) in the small QSFP form factor for eight-channel 400ZR/ZR+ transport in datacenter interconnects (DCIs).

II-VI Incorporated Unveils Pluggable Optical Line Subsystem in QSFP Form Factor for 400ZR/ZR+ Transport in Datacenter Interconnects

II-VI Incorporated's (IIVI) CEO Chuck Mattera on Q2 2022 Results - Earnings Call Transcript

News for II-VI Incorporated Stock (IIVI)