Last $13.76 USD
Change Today -0.17 / -1.22%
Volume 105.7K
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As of 2:06 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

ii-vi inc (IIVI) Key Developments

II-VI Incorporated Presents at INVESTPennsylvania Equity Conference, May-29-2014 02:15 PM

II-VI Incorporated Presents at INVESTPennsylvania Equity Conference, May-29-2014 02:15 PM. Venue: The David L Lawrence Convention Center, 1000 Fort Duquesne, Pittsburgh, Pennsylvania, United States. Speakers: Mary Jane Raymond, Chief Financial Officer, Richard Figel, Director of Financial Reporting and Taxation.

II-VI Incorporated Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ending June 30, 2014

II-VI Incorporated reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported total revenues of $173.555 million, earnings from continuing operations before income taxes of $9.025 million, net earnings attributable to company of $8.531 million or $0.13 per diluted share compared to the total revenues of $143.940 million, earnings from continuing operations before income taxes of $19.121 million, net earnings attributable to company of $15.869 million or $0.25 per diluted share for the same quarter year ago. Earnings from continuing operations were $8.531 million against $16.260 million a year ago. Earnings per share diluted from continuing operations were $0.13 against $0.25 a year ago. EBITDA was $23.6 million compared to the $30.3 million for the same quarter year ago. For the nine months period, the company reported total revenues of $495.340 million, earnings from continuing operations before income taxes of $31.484 million, net earnings attributable to company of $25.794 million or $0.40 per diluted share compared to the total revenues of $397.045 million, earnings from continuing operations before income taxes of $44.256 million, net earnings attributable to company of $40.787 million or $0.64 per diluted share for the same quarter year ago. Earnings from continuing operations were $25.661 million against $44.256 million a year ago. Earnings per share diluted from continuing operations were $0.40 against $0.68 a year ago. Net cash generated operating activities was $68.605 million compared to the $68.119 million for the same period year ago. Additions to property, plant and equipment was $20.767 million compared to the $17.430 million for the same period year ago. EBITDA was $74.0 million compared to the $88.7 million for the same period year ago. For the fourth fiscal quarter ending June 30, 2014, the company currently forecasts revenues from continuing operations to range from $175 million to $190 million and earnings per share from continuing operations to range from $0.15 to $0.20 per share-diluted. Comparable results for the quarter ended June 30, 2013 were revenues from continuing operations of $154 million and earnings per share from continuing operations of $0.22. The company expects tax rate in the fourth quarter is probably closer to about 22% to 23%. For the fiscal year ending June 30, 2014, the company currently expects revenues from continuing operations to range from $670 million to $685 million and earnings per share from continuing operations to range from $0.55 to $0.60 per share-diluted. Comparable results for the year ended June 30, 2013 were revenues from continuing operations of $551.1 million and earnings per share from continuing operations of $0.90. The company expects tax rate around 20%.

II-VI Incorporated to Report Q3, 2014 Results on May 01, 2014

II-VI Incorporated announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on May 01, 2014

II-VI Incorporated, Q3 2014 Earnings Call, May 01, 2014

II-VI Incorporated, Q3 2014 Earnings Call, May 01, 2014

II-VI Incorporated(NasdaqGS:IIVI) added to S&P SmallCap 600 Sector Indices – Information Technology Sector Index

II-VI Incorporated(NasdaqGS:IIVI) added to S&P SmallCap 600 Sector Indices – Information Technology Sector Index

 

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IIVI

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Valuation IIVI Industry Range
Price/Earnings 26.8x
Price/Sales 1.3x
Price/Book 1.3x
Price/Cash Flow 24.1x
TEV/Sales 0.6x
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