II-VI -.1.4% on downside guide, Finisar update [Seeking Alpha]
Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI)
Last coherent corp. 6.00% series a mandatory convertible preferred stock earnings: 2/10 04:05 pm
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US:NASDAQ Investor Relations:
ii-vi.com/investor/investors.html
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Source: Seeking Alpha
II-VI (NASDAQ: IIVI ) after Q4 beats with the news that the company will have to refile for Finisar (NASDAQ: FNSR ) acquisition approval in China. Key management quote: "Given the broad and deep footprint in China of both companies and the approaching end of Phase III, we plan to refile our application, but expect the process to continue in parallel without impact from the re-filing. The new expectation is for a closure in the fall timeframe." Downside Q1 guidance that has revenue of $320-345M (consensus: $348.16M) and EPS of $0.55-0.65 (consensus: $0.65). Earnings call starts at 9 AM ET with a webcast here . Press release . See all stocks on the move » Now read: Bulletproof Investing Performance Update: Week 83 » Subscribe for full text news in your inbox
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