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-0.00203873598369007 -0.00790010193679924 0.00713557594291542 0.0142711518858308 0 -0.00509683995922535 -0.0143985728848114 -0.00798419979612635
Stock impact report

II-VI Drops on Downbeat Guidance [TheStreet.com]

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 Check Earnings Report
US:NASDAQ Investor Relations: ii-vi.com/investor/investors.html
Company Research Source: TheStreet.com
II-VI Drops on Downbeat Guidance Shares of optoelectronic device manufacturer II-VI ( IIVI Get Report The company reported earnings of 67 cents a share on revenue of $362.7 million, topping analysts' expectations for earnings of 66 cents a share on revenue of $348 million. However, for the first quarter the company said it expects revenue of between $320 million and $345 million and earnings between 55 cents and 65 cents ashare. Analysts forecast the company to report revenue of $348.2 million and earnings of 65 cents a share. "We completed our fiscal year 2019 by delivering another strong operating performance driven by record quarterly and full year revenues. Growth was led by our key accounts in the Photonics segment from the optical communications markets, with increasing demand for products driven by broad-based deployments and the continued acceleration of the 5G infrastructure build-out around the world," said CEO Vincent Mattera Jr. The stock fell 3.97% in premarket trading Tu Show less Read more
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