II-VI Incorporated Reports Fiscal 2022 Third Quarter Results
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: GlobeNewswire
Record Revenue of $828 million Record Bookings of $1.2 billion, grew 48% year-over-yearRecord Backlog of $2.1 billion, grew 88% year-over-yearGAAP EPS of $0.28 Non-GAAP EPS of $0.95 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. “We experienced a tremendous surge in demand, booking $1.2 billion of new orders, an increase of 48% compared to a year ago. Our backlog grew 88% year-over-year to $2.1 billion. Clearly, we continue to benefit from a broad and diverse portfolio of differentiated products that serve a rapidly growing list of industry-leading customers. Our substantial investments in innovation and scale, our ability to integrate our offerings in large and fast-growing markets, and our diversification strategy has become increasingly well-known and regarded industry-wide,” said Dr. Vincent D. Mattera Jr., Chair and CEO. Dr. Mattera c
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