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.

II-VI (IIVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: II-VI (IIVI) Q4 Earnings Expected to Decline

PITTSBURGH, July 27, 2021 (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, August 10, 2021, at 9:00 a.m. EDT. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Compound Semiconductors.

II-VI Incorporated to Webcast FY 2021 Fourth-Quarter Conference Call

Coherent Corp

II-VI's (IIVI) Coherent buyout is anticipated to create a leader in laser technology and systems, photonic solutions, and compound semiconductors. Completion is expected by 2021 end or start of 2022.

II-VI (IIVI) Shareholders Give Approval to Coherent Buyout

PITTSBURGH and SANTA CLARA, Calif., June 24, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI) and Coherent, Inc. (Nasdaq: COHR) today announced that II-VI's shareholders and Coherent's stockholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for II-VI to acquire Coherent. The votes were held at the respective special meetings of II-VI's shareholders and Coherent's stockholders today. Approximately 99% of the votes cast at II-VI's special meeting voted to approve the proposal to issue shares of II-VI common stock as described in the joint proxy statement/prospectus for the special meeting, and approximately 99% of the shares of Coherent common stock voting at Coherent's special meeting voted to approve the proposal to adopt the merger agreement.

II-VI Incorporated and Coherent, Inc. Announce Respective Shareholder and Stockholder Approvals for Merger Agreement

PITTSBURGH, June 23, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of wafer-level diffractive optics, today announced the introduction of high-efficiency multifunctional metalenses based on a II-VI proprietary platform that enables ultracompact optical sensors for a broad set of applications, including in consumer electronics, automotive, life sciences, and industrial markets.

II-VI Incorporated Introduces High-Efficiency Multifunctional Metalenses for Ultracompact Optical Sensors

PITTSBURGH, June 22, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today celebrated its 50th anniversary by ringing the opening bell at the Nasdaq stock exchange at Times Square in New York City.

II-VI Incorporated Celebrates its 50th Anniversary With Opening Bell Ceremony at Nasdaq

PITTSBURGH, June 21, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading global provider of foundry ion implantation services and support to the microelectronics industry, today announced the introduction of heated ion implantation foundry services for 150 mm silicon carbide (SiC) wafers.

II-VI Incorporated Introduces Heated Ion Implantation Foundry Services for 150 mm Silicon Carbide Wafers

PITTSBURGH, June 09, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that Bain Capital will make an additional equity investment of $350 million in II-VI, increasing its total equity commitment to the Company to $2.15 billion.

II-VI Incorporated Receives $350 Million Additional Equity Commitment from Bain Capital

PITTSBURGH, June 03, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a market leader in optical solutions for next-generation optical networks, today announced the introduction of an optical monitoring system (OMS) for optical transport and access networks.

II-VI Incorporated Introduces Optical Monitoring System for Optical Transport and Access Networks

The WaveShaper instruments feature a powerful new network simulator function and now operate five times faster, significantly increasing productivity The WaveShaper instruments feature a powerful new network simulator function and now operate five times faster, significantly increasing productivity

II-VI Incorporated Extends WaveShaper Programmable Optical Processor and Filter Product Lines for Operation in the C+L Band

PITTSBURGH, June 01, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in semiconductor lasers for optical communications, today announced the introduction of 100 Gbps indium phosphide (InP) directly modulated lasers (DMLs) for high-speed transceivers deployed in datacenters.

II-VI Incorporated Unveils 100 Gbps Indium Phosphide Directly Modulated Lasers for High-Speed Transceivers Deployed in Datacenters

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Better Buy: Micron Technology vs. II-VI

PITTSBURGH, May 26, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical communications and sensing solutions, today announced that multiple thought leaders from II-VI will participate at the OFC Virtual Conference taking place June 6-11, 2021. The online event will include the following speakers:

II-VI Incorporated's Thought Leaders to Present at OFC 2021

II-VI shares have been weak on a combination of worries about near-term end-user demand, overpaying for Coherent, and overall growth stock multiples.

More Fear And Uncertainty Around II-VI Isn't So Bad For Long-Term Investors

PITTSBURGH, May 20, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference:

II-VI Incorporated to Present at the Cowen 49th Annual Technology, Media & Telecom Conference

II-VI announced strong earnings in its recent call, but a softer than needed guidance caused the stock to drop.

II-VI: Look Past The Message And Messenger

PITTSBURGH, May 14, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference:

II-VI Incorporated to Present at the 16th Annual Needham Virtual Technology & Media Conference

Form S-4 in Connection with Pending Acquisition Has Been Filed and  Declared Effective by SEC

II-VI and Coherent Provide Update on Transaction Milestones

Up more than 2.5x from its low in March 2020, at the current price of $62 per share, we believe II-VI Incorporated stock has further upside potential. The stock has risen from $24 to $62 off its March 2020 bottom, much more than the S&P which increased by over 80% from its low.

II-VI Incorporated Stock Could Jump 20%, On The Back Of Strong Demand Growth

Virtual Event Highlights II-VI's Innovation Strategy, Markets, and Technology Platforms Underpinning the Transformation to Mobile, Intelligent, and Electric Virtual Event Highlights II-VI's Innovation Strategy, Markets, and Technology Platforms Underpinning the Transformation to Mobile, Intelligent, and Electric

II-VI Incorporated to Host “II-VI Advanced Markets & Technologies” Investor Webcast on May 20

Photronics

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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q3 2021 Results - Earnings Call Transcript

II-VI Inc (NASDAQ: IIVI) reported third-quarter FY21 revenue growth of 25% year-on-year to $783 million, beating the analyst consensus of $772.27 million. Photonic Solutions revenue rose 21.6% Y/Y to $508 million, and Compound Semiconductors revenue rose 31.5% Y/Y to $275.3 million.

II-VI Shares Are Trading Lower Despite Q3 Earnings Beat As Q4 EPS Outlook Falls Short

II-VI (IIVI) delivered earnings and revenue surprises of 3.41% and 1.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Shares of II-VI Inc. sank 6.1% toward a six-month low in premarket trading Thursday, after the optical technology company beat fiscal third-quarter earnings expectations, but provided a downbeat profit outlook for the current quarter. Net income for the quarter to March 31 rose to $81.1 million, or 66 cents a share, from $5.9 mullion, or 6 cents a share, in the year-ago period.

News for II-VI Incorporated Stock (IIVI)