Coherent Recognized as One of NVIDIA's Ecosystem Innovation Collaborators for Co-Packaged Optics at GTC
- PITTSBURGH, March 18, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced its collaboration with NVIDIA on silicon photonics networking switches using co-packaged optics (CPO). This ecosystem, announced at GTC, will allow AI factories to connect millions of GPUs.
- 03/18/2025
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Coherent Introduces 2D Collimator Array for Optical Circuit Switches
- PITTSBURGH, March 17, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announces the launch of its 2D Collimator Array, an advanced optical assembly designed for optical circuit switches (OCS). OCS technology is rapidly emerging as a promising switching solution for advanced data centers supporting artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) applications.
- 03/17/2025
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Coherent Launches Industry-First 793nm Pump Laser Diode with Record 28W Power and 97% Polarization Purity
- PITTSBURGH, March 12, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), the leader in advanced laser technology, is proud to announce the launch of its groundbreaking 793nm pump laser diode, setting a new industry standard with an impressive 28W of reliable power and 97% polarization purity. This innovative product offers unmatched performance and cost-efficiency, unlocking new possibilities for applications in the rapidly growing Thulium fiber laser market.
- 03/12/2025
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Coherent Introduces WaveAnalyzer 1500B for High-Precision Optical Transceiver Testing
- PITTSBURGH, March 11, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in photonics, introduces the WaveAnalyzer 1500B, a high-resolution optical spectrum analyzer that sets a new standard for transceiver testing. Building on the WaveAnalyzer 1500S, the new model delivers 100 MHz absolute frequency accuracy, high resolution, high speed, and full C+L band coverage in a single instrument.
- 03/11/2025
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Coherent Announces Launch of AIM Family of Industrial, Rack-Based Multi-Kilowatt Single Mode Fiber Lasers
- PITTSBURGH, March 10, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, announces the release of its AIM FL series of industrial, multi-kilowatt single mode fiber lasers. This innovative product family includes up to 3kW single mode operation with practical industrial fiber delivery (up to 10m) and an impressive water-cooling temperature range of 20°C to 35°C.
- 03/10/2025
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Coherent CEO Jim Anderson and Other Executives Will Share Industry Insights at OFC 2025
- Coherent Chief Executive Officer Jim Anderson will be a featured panelist on the CEO Panel at the Optica Executive Forum, taking place on Monday, March 31,
- 03/06/2025
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Six Coherent Products Receive Awards From Lightwave + BTR Innovation Reviews for Excellence in Optical Networking
- PITTSBURGH, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces that six of its products received awards in the 2025 Lightwave + BTR Innovation Reviews. "Innovation is at the heart of everything we do, and this recognition underscores our commitment to technology leadership," said Dr. Julie Eng, Chief Technology Officer at Coherent.
- 02/28/2025
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COHR or SYM: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Technology Services sector have probably already heard of Coherent (COHR) and Symbotic Inc. (SYM). But which of these two stocks is more attractive to value investors?
- 02/24/2025
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Coherent: Growth Is Supported By Accelerating AI-Infrastructure Investments
- I reiterate a buy rating for Coherent Corp. stock due to robust growth prospects driven by sustained AI infrastructure investments and strong datacom performance. COHR's Q2 results showed impressive revenue growth of 27% y/y, driven by a 79% y/y increase in the datacom segment, and significant margin improvements. The telecom segment recovery, with new product ramps, adds upside potential, supported by increased AI workload traffic between data centers.
- 02/16/2025
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Coherent Stock Jumps 31% in 6 Months: How Should Investors Play?
- Given the rise in COHR shares, we assess its current position to determine whether investors should buy, hold or sell it.
- 02/13/2025
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COHR vs. SYM: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Technology Services sector have probably already heard of Coherent (COHR) and Symbotic Inc. (SYM). But which of these two stocks offers value investors a better bang for their buck right now?
- 02/07/2025
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Coherent Corp. (COHR) Q2 2025 Earnings Call Transcript
- Coherent Corp. (NYSE:COHR ) Q2 2025 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Paul Silverstein - Senior Vice President, Investor Relations Jim Anderson - Chief Executive Officer Sherri Luther - Chief Financial Officer Conference Call Participants Samik Chatterjee - JPMorgan Simon Leopold - Raymond James Michael Mani - Bank of America George Nader - Jefferies Meta Marshall - Morgan Stanley Papa Sylla - Citi Karl Ackerman - BNP Paribas Thomas O'Malley - Barclays Christopher Rolland - Susquehanna International Group Jack Egan - Charter Equity Research Operator Greetings and welcome to the Coherent Fiscal Year 2025 Second Quarter Earnings webcast. At this time, all participants are in a listen-only mode.
- 02/05/2025
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Coherent (COHR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Coherent (COHR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/05/2025
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Coherent (COHR) Q2 Earnings and Revenues Surpass Estimates
- Coherent (COHR) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.36 per share a year ago.
- 02/05/2025
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Coherent Corp. Reports Second Quarter Fiscal 2025 Results
- SAXONBURG, Pa., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal second quarter ended December 31, 2024.
- 02/05/2025
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Insights Into Coherent (COHR) Q2: Wall Street Projections for Key Metrics
- Evaluate the expected performance of Coherent (COHR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 02/03/2025
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Coherent (COHR) Earnings Expected to Grow: Should You Buy?
- Coherent (COHR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/29/2025
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Coherent Announces New High-Power F-Theta Lens for Superior Remote Processing
- PITTSBURGH, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in industrial laser optics introduces a new high-power F-theta lens for additive manufacturing, EV battery welding and laser cleaning. The lens design provides optimal optical performance for increased processing speeds.
- 01/28/2025
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Coherent Launches CT-Series Thermoelectric Coolers for Enhanced Thermal Management
- PITTSBURGH, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials and photonics innovation, announces the launch of its CT-Series thermoelectric coolers. This new product line delivers exceptional thermal performance, reliability, as well as cost-efficiency for demanding applications in life sciences, medical and industrial markets.
- 01/23/2025
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Coherent Showcases Thought Leaders at Photonics West 2025
- PITTSBURGH, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in lasers and photonics solutions, showcases expert talks, workshops, technical presentations, and event feature presentations at Photonics West 2025. Committed to driving innovation across industries, experts from Coherent will address critical trends shaping the photonics landscape and share developments that redefine technological boundaries.
- 01/23/2025
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Coherent Announces New Factor Series Diodes
- Image 1 Coherent FACTOR Series fiber-coupled diode laser pumps PITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics technology, today announced new FACTOR Series of fiber-coupled diode pumps. This product line now offers increased output power, higher efficiency, and wider locking range for wavelengths of 878.6nm, 885nm, and 888nm.
- 01/22/2025
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COHR or AMPL: Which Is the Better Value Stock Right Now?
- Investors interested in Technology Services stocks are likely familiar with Coherent (COHR) and Amplitude, Inc. (AMPL). But which of these two stocks is more attractive to value investors?
- 01/22/2025
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3 AI Infrastructure Stocks Soaring Today
- Artificial intelligence stocks are jumping in morning trading after President Trump announced a $500 billion AI infrastructure plan yesterday.
- 01/22/2025
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Coherent Corp. Announces Timing of Second-Quarter Fiscal 2025 Earnings Release
- PITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (the “Company”), a global leader in materials, networking, and lasers, announced today that it will release second-quarter fiscal 2025 financial results on Wednesday, February 5, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results.
- 01/22/2025
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Coherent Introduces Pin-Hole Array Biochips for Medical Diagnostics
- PITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonic solutions, today announces the launch of new pin-hole array biochips for medical diagnostics, with a focus on gene sequencing applications. Developed by the Coherent advanced optics team, this groundbreaking approach consolidates the entire production process, addressing key challenges in cost, efficiency, and supply chain management for professionals in the diagnostic field.
- 01/22/2025
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Will Coherent (COHR) Beat Estimates Again in Its Next Earnings Report?
- Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/21/2025
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What Makes Coherent (COHR) a New Strong Buy Stock
- Coherent (COHR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/21/2025
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Coherent Announces Availability of Ultrabroadband Diffraction Gratings for Life Sciences Applications
- Image 1: Ultrabroadband diffraction gratings PITTSBURGH, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, today announced the launch of its Ultrabroadband UV-VIS and VIS-NIR Diffraction Gratings. These cutting-edge optics set a new standard in optical system performance, offering unmatched design flexibility, precision and efficiency for various applications in the life science and medical markets.
- 01/17/2025
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Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
- Decades away from his star-making turn at George Soros' Quantum Group of Funds, high-profile investor Stanley Druckenmiller stays well active in the stock-picking game with his Duquesne Family Office investment vehicle.
- 01/09/2025
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Coherent Issues Its Environmental, Social, and Governance (ESG) Report for 2024
- PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today published its Environmental, Social, and Governance (ESG) Report for FY2024. The report is available on the Coherent website at this link.
- 01/02/2025
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Why Investors Need to Take Advantage of These 2 Business Services Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 12/30/2024
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Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
- Billionaire Stanley Druckenmiller might not be a household name like Warren Buffett, but he's one of the best investors of all time.
- 12/21/2024
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Next Generation ARM FL: a Compact Powerhouse for Industrial Laser Applications
- PITTSBURGH, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of its latest generation adjustable ring mode fiber laser ARM FL. This next generation platform, featuring a new advanced controller, offers all the functions of its predecessor while reducing the volume and footprint by 50%.
- 12/16/2024
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Coherent Corp.: A Rising Star In The Data Center Segment
- Coherent disposes of a complete portfolio of data center transceivers, lasers, and other elements for silicon photonics. Along with its peers, its revenue growth is accelerating, pushed by positive AI CAPEX spending from its clients. It owns an option in Silicon Carbide when the market rebounds.
- 12/12/2024
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Coherent Evaluates Strategic Alternatives for its Advanced Lithium-Ion Battery Recycling Technology
- PITTSBURGH, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio assessment, the company will evaluate strategic alternatives for its Streamlined Hydrometallurgical Advanced Recycling Process (SHARP™) technology to efficiently recover and recycle critical metals from lithium-ion batteries (LiBs).
- 12/12/2024
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No Spilled Milk To Cry Over: Initiating Coherent With A Buy
- I think Coherent's diversified revenue streams and strategic investments in AI-driven data center optical transceivers position it for long-term growth. I'm initiating with a buy. My buy is cautious but only because the stock ran up over 130% year-to-date, and hence, a lot of the positives got factored in already. In my opinion, Coherent has more working for it than against it in terms of margin expansion targets and position in the communications market.
- 12/12/2024
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Marvell Unveils Industry's First Coherent-lite 1.6 Tbps O-band-optimized DSP for Data Center Campus Connectivity
- New Aquila DSP Delivers Cost, Power, and Scalability for 2 km to 20 km Connectivity, Extending Marvell Optical Interconnect Leadership SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced Marvell® Aquila, the industry's first coherent-lite DSP optimized for 1.6 Tbps coherent optical transceiver modules operating at O-band wavelengths.
- 12/10/2024
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Coherent Unveils Discovery LX Laser, Expanding the Chameleon Discovery Family
- Image 1: Chameleon Discovery LX PITTSBURGH, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, announces the launch of the Chameleon Discovery LX, the latest addition to the successful Chameleon Discovery product line. Designed for researchers in nonlinear microscopy and ultrafast spectroscopy, this advanced femtosecond laser delivers exceptional performance and versatility to meet evolving market needs.
- 12/10/2024
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Coherent Announces General Availability of Industrial Temperature Range 100G ZR QSFP28-DCO
- PITTSBURGH, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces the general availability and production release of the industry's first 100G ZR QSFP28 digital coherent optics (DCO) transceiver to operate over the Industrial temperature (I-temp) range from -40°C to +85°C.
- 12/09/2024
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Why Coherent Stock Was Skating Higher This Week
- Coherent's (COHR -3.00%) stock began this week on a high note, and as we headed toward the weekend it wasn't letting up much. What helped was news of a bullish initiation of coverage from an analyst, a share-price-supporting event if ever there was one.
- 12/06/2024
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Coherent Holds An Nvidia-Like Gain. AI Is Just One Reason Why.
- A financial transformation under new leadership is just one reason to be bullish about Coherent. Robust AI-powered earnings is another.
- 11/27/2024
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Elisa Oyj Launches World's First 800ZR Coherent Services with Juniper Networks, Pioneering Finland's Mobile and Fiber Infrastructure
- HELSINKI--(BUSINESS WIRE)--Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, and Finnish telecom and digital service provider Elisa Oyj today announced the world's first deployment of 800Gbps Ethernet services over 800ZR coherent transceivers. Elisa is deploying 800Gbps technology within its backbone network, enhancing the development of mobile and optical fiber networks in Finland. The first deployment is in the Helsinki metropolitan area's backbone network, using Junip.
- 11/26/2024
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Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
- Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
- 11/21/2024
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Coherent Launches High-Speed Photodiodes for 1.6T Transceivers
- PITTSBURGH, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, has announced the production release of high-speed indium phosphide (InP) photodiodes.
- 11/18/2024
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Value, Growth, Momentum and Top Ranks (TWLO, COHR, LRN)
- Sometimes when you research stocks you find names that are appealing in one aspect but weak on another. For instance, you find a stock with powerful momentum, but it has a premium valuation.
- 11/12/2024
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Coherent Corp. (COHR) Hit a 52 Week High, Can the Run Continue?
- Coherent (COHR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 11/11/2024
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Coherent Analysts Boost Their Forecasts Following Better-Than-Expected Earnings
- Coherent Corp. COHR reported better-than-expected earnings for the first quarter on Wednesday.
- 11/07/2024
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Coherent (COHR) Reports Q1 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Coherent (COHR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 11/06/2024
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Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript
- Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript
- 11/06/2024
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Coherent (COHR) Q1 Earnings and Revenues Top Estimates
- Coherent (COHR) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.16 per share a year ago.
- 11/06/2024
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Coherent Corp. Reports First Quarter Fiscal 2025 Results
- PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal first quarter ended September 30, 2024.
- 11/06/2024
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Coherent (COHR) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Beyond analysts' top -and-bottom-line estimates for Coherent (COHR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
- 11/04/2024
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COHR or IBTA: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Technology Services sector might want to consider either Coherent (COHR) or Ibotta (IBTA). But which of these two stocks offers value investors a better bang for their buck right now?
- 10/30/2024
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Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform
- PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its battery technology platform.
- 10/28/2024
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3 Stocks to Score from 40% YoY Data Center Capex Spending in 2025
- According to Citi Research, the big four hyperscalers Microsoft Co. NASDAQ: MSFT, Amazon.com Inc. NASDAQ: AMZN, Alphabet Inc. NASDAQ: GOOGL and Meta Platforms Inc. NASDAQ: META are forecast to grow their data center capital expenditures by 40% YoY in 2025. This is expected to be a windfall for companies that provide infrastructure products and services.
- 10/28/2024
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Billionaire Stanley Druckenmiller Sold Nvidia Stock: Here's What He Is Buying Instead
- The legendary investor is moving his capital into two different emerging categories. One stock is already up big for him.
- 10/26/2024
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Coherent Introduces ARM FL20D Fiber Laser, Setting New Standards for High-Power Welding
- Image 1 : ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fiber laser.
- 10/24/2024
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Coherent Corp. Announces Timing of First-Quarter Fiscal 2025 Earnings Release
- PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced today that it will release first-quarter fiscal 2025 financial results on Wednesday, November 6, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results.
- 10/23/2024
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Coherent Introduces Versatile 2D Cutting Head for Lasers Up to 12 kW
- Image 1: CUT12 sheet metal laser cutting processing head. PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of a new 2D laser cutting head that offers an exceptional mix of performance, versatility, and value to the global flat sheet cutting market.
- 10/22/2024
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This AI stock just got downgraded after a 130% rally for the year
- Coherent's transceivers have proved useful for data-center connectivity, but a Rosenblatt analyst sees several factors that could stall the stock's run.
- 10/22/2024
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Coherent Announces Radical New Fiber Laser Platform
- PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored for cutting applications in the machine tool industry. Available with power levels from 1.5 kW to 20 kW, the EDGE FL series redefines the balance between value and performance, targeting the growing demand for high-power, reliable laser sources in fiber laser cutting.
- 10/21/2024
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Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer
- PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Rob Beard as the Company's new Chief Legal and Global Affairs Officer, and Corporate Secretary, effective today. Rob replaces current Chief Legal Officer Ron Basso, who is retiring. The Company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Rob.
- 10/21/2024
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Coherent Announces New Employee Inducement Grants Under NYSE Rule 303A.08
- PITTSBURGH, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the Company made awards of restricted stock units (“RSUs”) and performance stock units (“PSUs”) to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024. The awards were made pursuant to the Company's previously announced offer letter agreement with Ms. Luther, and as a material inducement to her joining the Company as its Chief Financial Officer and Treasurer.
- 10/16/2024
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Top 2 Tech Stocks That May Dip In October
- As of Oct. 14, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 10/14/2024
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Coherent Appoints Sherri Luther as Chief Financial Officer
- PITTSBURGH, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Sherri Luther as the Company's new Chief Financial Officer and Treasurer, effective today.
- 10/11/2024
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Coherent Awarded Excellence in Sustainability Award from KLA
- PITTSBURGH, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics solutions for the semiconductor industry, is proud to announce that it has been awarded the Excellence in Sustainability Award by KLA. This recognition highlights achievements by Coherent for sustainability efforts as part of the KLA Supply Chain Sustainability program.
- 10/10/2024
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Billionaire Stanley Druckenmiller Is Increasingly Bullish On These 3 Stocks: Here's Why
- Stanley Druckenmiller is among the most prominent billionaire hedge fund managers many investors continue to follow closely.
- 10/06/2024
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Coherent: The Future Looks Bright For This AI Growth Play
- Coherent stock has increased 175% in 12 months. Growth trends in datacom transceivers on AI demand will continue to drive improvements in operating results. CEO Jim Anderson's restructuring plan should pay dividends by delevering the balance sheet.
- 10/03/2024
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We're Betting $500,000 These 5 AI Stocks Dominate the Next Decade
- 24/7 Wall St. recently launched an AI portfolio where we're publicly investing $500,000 in a portfolio of leading stocks in the AI space.
- 10/03/2024
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Coherent Announces Sale of UK Manufacturing Facility Following Strategic Review
- PITTSBURGH, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the sale of its manufacturing facility in Newton Aycliffe, County Durham, UK. The sale is part of the company's ongoing efforts to streamline operations and optimize its global footprint.
- 09/27/2024
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Coherent Expands Silicon Carbide 200 mm n-Type Epitaxial Wafer Production
- PITTSBURGH, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and laser technologies, announced today the launch of its 200 mm silicon carbide epitaxial wafers (SiC epi-wafers). Substrate and epi-wafer shipments from the company at 350 micron and 500 micron thickness are now underway.
- 09/26/2024
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Coherent Awarded Data Center Innovation/Best Product at ECOC 2024
- PITTSBURGH, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has won the 2024 ECOC Exhibition Industry Award for Best Product in the Data Center Innovation category for its Datacenter Lightwave Cross-Connect (DLXTM) Optical Circuit Switch.
- 09/24/2024
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Coherent Industry Leaders Speak at ECOC 2024
- PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, will participate in multiple panels and workshops at the European Conference on Optical Communications (ECOC) 2024 in Frankfurt, Germany, September 22-24.
- 09/23/2024
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Coherent to Demonstrate a Broad Portfolio of Innovative Products and Technologies at ECOC 2024
- PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products and technologies for next-generation optical communications networks at ECOC 2024 exhibition, September 23-25 at the Messe Frankfurt, Booth #A10. Coherent thought leaders will present at panels, technical sessions and workshops.
- 09/23/2024
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Coherent to Demonstrate 1.6T-DR8 and 800G-DR4 Transceivers at ECOC 2024, Showcasing Advanced Multi-Technology Solutions
- PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications, announced today the demonstration of two advanced transceiver modules at the European Conference on Optical Communication (ECOC) 2024, set to take place in Frankfurt, Germany, September 23-26. These modules, both operating at 200 Gbps per lane, demonstrate the company's commitment to continued leadership and innovation across multiple optical technologies.
- 09/23/2024
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Coherent (COHR) Soars 6.3%: Is Further Upside Left in the Stock?
- Coherent (COHR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 09/20/2024
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Adtran's Coherent 100ZR and FSP 3000 OLS to play key role in OIF's ECOC open interoperability showcase
- FRANKFURT, Germany--(BUSINESS WIRE)-- #5G--Adtran today announced its key role in the Optical Internetworking Forum's (OIF) demonstration of open, multi-vendor networking at the European Conference on Optical Communication (ECOC) 2024. At the center of the showcase are Adtran's Coherent 100ZR QSFP28 pluggable module and its FSP 3000 open optical line system (OLS), which enables the transport of a wide range of data rates, including 100ZR and 400Gbit/s OpenZR+, as featured in this demo. Incorporating.
- 09/20/2024
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Coherent Announces Alpha Availability of Novel Analog Optical Multi-Link Modules
- Image 1: Coherent AO-xCAO4x series of transmitter and receiver modules. PITTSBURGH, Sept.
- 09/19/2024
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Coherent Unveils Uncooled Dual-Chip 2x400 mW 980 nm Micro-Pump Laser for Ultra-Compact Optical Amplifiers
- Image 1: 2x400 mW Dual-Chip 980 nm Micro-Pump Laser.
- 09/19/2024
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Coherent Announces Industry's First L-Band 800G ZR/ZR+ Pluggable Transceivers
- Image 1: 800G QSFP-DD coherent pluggable transceiver. PITTSBURGH, Sept.
- 09/17/2024
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Coherent Awarded Phase 3 of IARPA Resilience Program for High-Energy Rechargeable Lithium-Sulfur Batteries
- PITTSBURGH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of advanced engineered materials, announced its selection for Phase 3 of the Intelligence Advanced Research Projects Activity (IARPA) RESILIENCE program. The project focuses on the development of high-energy rechargeable lithium-sulfur (Li-S) batteries. This achievement follows the company's successful completion of Phase 2 in June 2024. Coherent is one of only two companies advancing to this critical phase.
- 09/12/2024
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Coherent Expands Optical Communications Test Portfolio with New WaveShaper and WaveMaker Instruments
- PITTSBURGH, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced new additions to its optical communications test portfolio with the launch of new high-port-count instruments in the WaveShaper family and enhanced offerings in the WaveMaker family. These new products include the WaveShaper® 32000B and 32002B reconfigurable optical processors, now available in Super-C and Super-C plus Super-L band configurations, and the WaveMaker® 500A programmable optical spectrum generator designed specifically for Super-C band applications.
- 09/11/2024
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5 of the best Stanley Druckenmiller stocks in 2024
- Stanley Druckenmiller, the former money manager for George Soros, has one of the best track records in Wall Street. He has rarely had a negative year and has become a billionaire with a net worth of over $6.9 billion, according to Forbes and $9.9 billion, according to Bloomberg.
- 09/11/2024
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This $12 Billion Company Could See Revenues 50X as AI Booms
- In the video clip below from a recent episode of The AI Investor Podcast from 24/7 Wall St.
- 09/01/2024
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Coherent Unveils High-Efficiency Lasers for Silicon Photonics Transceivers
- PITTSBURGH, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the launch of new high-efficiency continuous wave (CW) distributed feedback (DFB) lasers. Specifically engineered for silicon photonics transceiver modules, this innovative laser family represents a leap forward in indium phosphide (InP) laser technology.
- 08/28/2024
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Billionaire Stanley Druckenmiller Goes Bargain Hunting: 2 Stocks He Just Bought
- Druckenmiller's Duquesne Capital Management has returned an average of 30% a year over its history. Philip Morris shares have surged recently as smoke-free business grows.
- 08/26/2024
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Coherent Corp. Q4 Earnings: Potential AI Beneficiary Is Priced Accordingly
- Coherent Corp., sometimes described as a hidden gem in AI, slightly beat fiscal Q4 2024 earnings. The Q1 2025 outlook essentially met expectations. Investors are focusing on more powerful datacom transceivers needed for cloud, AI, and similar applications as growth drivers.
- 08/16/2024
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Coherent Analysts Increase Their Forecasts After Upbeat Earnings
- Coherent Corp. COHR reported upbeat earnings for its fourth quarter on Thursday.
- 08/16/2024
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Coherent Corp. (COHR) Q4 2024 Earnings Call Transcript
- Coherent Corp. (NYSE:COHR ) Q4 2024 Earnings Conference Call August 15, 2024 5:00 PM ET Company Participants Paul Silverstein - SVP, IR and Corporate Communications Jim Anderson - CEO Richard Martucci - Interim CFO Conference Call Participants Samik Chatterjee - JPMorgan Jeff Koche - Raymond James Tom O'Malley - Barclays Meta Marshall - Morgan Stanley Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Papa Sylla - Citi Ruben Roy - Stifel Jack Egan - Charter Equity Research Ananda Baruah - Loop Capital Operator Good day, and thank you for standing by. Welcome to the Coherent Corp. FY '24 Fourth Quarter Earnings Conference Call.
- 08/15/2024
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Compared to Estimates, Coherent (COHR) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Coherent (COHR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 08/15/2024
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Coherent (COHR) Q4 Earnings and Revenues Top Estimates
- Coherent (COHR) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.41 per share a year ago.
- 08/15/2024
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Coherent Corp. Reports Fourth Quarter and Full Year Fiscal 2024 Results
- PITTSBURGH, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal fourth quarter and full year ended June 30, 2024.
- 08/15/2024
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Seeking Clues to Coherent (COHR) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Coherent (COHR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
- 08/12/2024
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Coherent Corp. Reaches Milestone in Thirty Meter Telescope (TMT) Project
- PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a key partner in the development of the Thirty Meter Telescope (TMT), is proud to announce the completion of its 100th polished mirror segment. This significant milestone was celebrated with a visit from TMT representatives, who commended Coherent for its outstanding contribution to the project and highlighted the performance expectations of the TMT's primary mirror.
- 07/25/2024
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Forget Nvidia: Prominent Billionaires Are Selling It in Favor of These 7 Top-Notch Stocks
- Artificial intelligence (AI) has the potential to add nearly $16 trillion to the global economy by the turn of the decade. Eight top-tier billionaires sent shares of Nvidia to the chopping block in the March-ended quarter.
- 06/25/2024
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7 Best Stocks For Magnificent Earnings Growth Next Year
- None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
- 06/20/2024
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Coherent Reaches a Manufacturing Milestone: 300 Million Transceivers Shipped From Ipoh, Malaysia, Facility
- PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the scale, resiliency, and flexibility of Coherent supply chain solutions for customers.
- 06/12/2024
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Why EV Chip Stocks Axcelis Technologies, Coherent, and Aehr Test Systems Rallied This Week
- Both GM and Ford reported blockbuster EV sales in May. It's a positive surprise, given the downturn in EVs since mid-2023.
- 06/07/2024
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Will Coherent Stock Rebound To Levels Of Around $100 Seen In 2021?
- The stock price of Coherent Inc. (NYSE: COHR), a semiconductor company, trades at $70 per share, about 30% below its peak level of $100 seen in February 2021. In contrast, Lattice Semiconductor (NASDAQ: LSCC) stock saw a 15% decline.
- 06/05/2024
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Lattice Semiconductor Plunges as CEO Departs For Coherent, Whose Stock Soars
- A pair of electronics manufacturers saw their stocks make big moves Monday as Lattice Semiconductor (LSCC) shares fell nearly 16% on news that Chief Executive Officer Jim Anderson left to take the same job at Coherent Corp. (COHR), whose shares jumped 23%.
- 06/03/2024
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Why Coherent Stock Exploded 20% Higher on Monday
- Coherent stock has performed well over the past year -- but not nearly as well as Lattice Semiconductor stock. Lattice is losing the CEO who led it to incredible heights, and Coherent is poaching him.
- 06/03/2024
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Coherent Appoints Jim Anderson as Chief Executive Officer
- PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company's new Chief Executive Officer, effective today. Mr. Anderson also joins the Company's Board of Directors.
- 06/03/2024
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Coherent Introduces High-Power Laser Sensor
- PITTSBURGH, May 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in laser test and measurement instruments, proudly announces the launch of its next-generation high-power laser sensor designed to support the expanding high-power applications market and reduce measurement times by up to 500%. Introducing the Coherent PM10K+ Laser Power Sensor The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds.
- 05/30/2024
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Coherent Announces Industry-First Specialty Optical Fiber for Coherent LiDAR & Cold Atom Trapping for Quantum Computing
- PITTSBURGH, May 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in high-performance optical networking and laser solutions, announced today a first-to-market single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber for high-power 1550 nm, narrow linewidth, and single-frequency amplifiers. Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities.
- 05/23/2024
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Earnings Estimates Rising for Coherent (COHR): Will It Gain?
- Coherent (COHR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/15/2024
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COHR vs. AMPL: Which Stock Is the Better Value Option?
- Investors with an interest in Technology Services stocks have likely encountered both Coherent (COHR) and Amplitude, Inc. (AMPL). But which of these two companies is the best option for those looking for undervalued stocks?
- 05/13/2024
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Coherent Sends Mixed Signals In Q3
- Coherent's Q3 2024 earnings and revenue exceeded guidance, but gross margin fell short. The company's strategic focus on AI and silicon carbide technology could drive future growth.
- 05/10/2024
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Coherent Announces Date of Its Instrumentation Market Overview Webcast
- PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Overview webcast for investors, equity analysts, and the public on Tuesday, May 14, at 10:00 a.m. ET.
- 05/07/2024
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Coherent (COHR) Reports Q3 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Coherent (COHR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/06/2024
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Coherent (COHR) Q3 Earnings and Revenues Beat Estimates
- Coherent (COHR) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.58 per share a year ago.
- 05/06/2024
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Coherent Corp. Releases Third-Quarter Fiscal Year 2024 Financial Results
- PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal year 2024. These results have been posted as a letter to shareholders on the Investor Relations section of its website at coherent.com/company/investor-relations.
- 05/06/2024
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Wall Street's Insights Into Key Metrics Ahead of Coherent (COHR) Q3 Earnings
- Beyond analysts' top -and-bottom-line estimates for Coherent (COHR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
- 05/01/2024
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Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation
- PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advanced technology: the HBCU/MI Entrepreneurship & Innovation initiative by Leadership Needed Foundation and the Optica Foundation Amplify Scholarship for Black scientists.
- 04/23/2024
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Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey
- Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance
- 04/23/2024
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Coherent Announces Date of FY2024 Third-Quarter Conference Call
- PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended March 31, 2024, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, May 6. Coherent's management will host a conference call to discuss these results on Tuesday, May 7, at 8:00 a.m. ET.
- 04/18/2024
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Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors
- Coherent secured $15 million in funding from the CHIPS Act to accelerate commercialization of next-generation wide- and ultrawide-bandgap semiconductors.
- 04/10/2024
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Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center
- Coherent announced it will provide on loan a demonstration mirror developed for the James Webb Space Telescope to the Space Foundation Discovery Center.
- 04/08/2024
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Coherent Is Priced To Perfection But Still Has Upside Potential
- Coherent is experiencing strong demand and interest for their 800g transceiver technology due to AI/ML application adoption. Despite traditional networking equipment's headwinds, higher gig rate equipment will drive growth in e2H24-2025. Management expects significant growth in datacom, with 800g transceiver sales projected to reach $450 million in e2H24, up from $150mm in 1H24.
- 04/03/2024
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Coherent to Present a Broad Portfolio of New Products and Technology Innovations at OFC 2024
- PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products and technologies for next-generation optical communications networks at OFC 2024, March 26-28 at the San Diego Convention Center, Booth #3412. Coherent thought leaders will present at panels, technical sessions, and other OFC events.
- 03/25/2024
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Coherent Corp., Juniper Networks and Marvell Deliver Public Demonstration of Industry-First Comprehensive 800ZR System at OFC'24
- SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks®, (NYSE: JNPR), a leader in secure, AI-Native Networking, is collaborating with Coherent Corp. (NYSE: COHR), a leader in compound semiconductors and high-speed optical networking technology, and Marvell Technology Inc., a leader in data infrastructure semiconductor solutions, to present the first public demonstration of their 800ZR solution featuring Juniper Networks PTX10002-36QDD Packet Transport Router, Coherent Corporation's 800ZR transce.
- 03/25/2024
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Coherent Announces the World's First 6-Inch Indium Phosphide Scalable Wafer Fabs Paving the Way for the Next Generation of Lasers for AI Transceivers and 6G Wireless Networks
- Coherent expands capacity in its U.S. and European fabs and significantly reduces die cost for InP optoelectronic devices including lasers, detectors, and electronics Coherent expands capacity in its U.S. and European fabs and significantly reduces die cost for InP optoelectronic devices including lasers, detectors, and electronics
- 03/25/2024
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Coherent Announces Optical Circuit Switch for Data Centers
- Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology
- 03/25/2024
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Coherent Reports Significant Advancement in VCSEL Performance for Next-Gen AI Networks
- PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has made a significant breakthrough in improving the bandwidth of its vertical-cavity surface-emitting laser (VCSEL), paving the way for use in next-generation optical interconnects that will operate at 200 Gbps per lane and thereby enabling optical transceivers with 1.6 Tbps capacity. This improvement comes in the form of lithographic-aperture VCSELs, marking a significant departure from the oxide-aperture VCSELs that are the state-of-the-art VCSELs used in AI networks today.
- 03/25/2024
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Coherent Announces High-Power Uncooled G10 Pump Laser Modules for Submarine and Terrestrial Applications
- PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of high-performance optical networking solutions, announced today new high-power, uncooled pump laser modules built on the latest G10 series laser diode technology. The new modules are developed for high-reliability submarine applications and both single- and dual-chip terrestrial applications.
- 03/22/2024
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Semis Drop The Mic
- The rally in semiconductors is starting to run out of superlatives to describe it. Just when you think it has to take a breather, it turns around and rallies another few percent. Yesterday, the Philadelphia Semiconductor Index (SOX) closed more than 17% above its 50-day moving average and 36% above its 200-DMA.
- 03/08/2024
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Coherent (COHR) Recently Broke Out Above the 200-Day Moving Average
- Coherent (COHR) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, COHR crossed above the 200-day moving average, suggesting a long-term bullish trend.
- 02/27/2024
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Why Coherent Stock Popped Today
- Coherent easily beat revenue and earnings estimates for its fiscal second quarter. The optical materials and semiconductor manufacturer credited improving demand trends.
- 02/06/2024
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Coherent stock rallies on profit beat and bullish comments on product launch
- Stronger-than-expected earnings, fast growth in another unit and a bullish report on a new product powered gains in Coherent Corp.'s stock on Tuesday.
- 02/06/2024
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Coherent (COHR) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Coherent (COHR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/05/2024
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Coherent (COHR) Crossed Above the 50-Day Moving Average: What That Means for Investors
- From a technical perspective, Coherent (COHR) is looking like an interesting pick, as it just reached a key level of support. COHR recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
- 01/26/2024
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Coherent Announces Date Of FY2024 Second-Quarter Conference Call
- PITTSBURGH, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended December 31, 2023, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, February 5. Coherent's management will host a conference call to discuss these results on Tuesday, February 6, at 8:00 a.m. ET.
- 01/19/2024
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Strength Seen in Coherent (COHR): Can Its 8.2% Jump Turn into More Strength?
- Coherent (COHR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 01/17/2024
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Will Coherent (COHR) Beat Estimates Again in Its Next Earnings Report?
- Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/15/2024
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Coherent Announces Date of Its Industrial Market Overview Webcast
- PITTSBURGH, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold an Industrial Market Overview webcast for investors, equity analysts, and the public on Thursday, December 14, 2023, at 10:00 a.m. ET.
- 11/29/2023
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Coherent: Strong SiC Growth In Robust Global EV Sector Despite U.S. Slump
- Coherent, through Finisar, has been the leading manufacturer of optical network transceivers for the past 22 years used in AI-related datacom applications. Coherent has a leading position in Silicon Carbide wafer production used to make advanced chips for the EV automobile market. Coherent's position in AI-related Datacom 200+G transceivers and silicon carbide are two of the strongest growing sectors in the marketplace, overcoming exposure to cyclical markets.
- 11/29/2023
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Coherent Announces Date of FY2024 First-Quarter Conference Call
- PITTSBURGH, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended September 30, 2023, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, November 6. Coherent's management will host a conference call to discuss these results on Tuesday, November 7, at 8:00 a.m. ET.
- 10/24/2023
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Coherent: Temporary Economic Challenges With A Long-Term Growth Outlook
- Coherent: Temporary Economic Challenges With A Long-Term Growth Outlook
- 10/19/2023
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Coherent: Not Sending A Coherent Message
- Coherent (formerly II-VI) has faced operational headwinds and a debt overhang, leading to a re-rated stock. Shares have doubled in a few weeks due to AI/ML hype over the past summer but have since dropped back to low-thirties. The outlook for fiscal year 2024 is soft, with double-digit revenue declines and no realistic earnings expected.
- 10/17/2023
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Better Stock Buy: Coherent vs. Lumentum
- Coherent and Lumentum are both leading laser and optical chip makers. Coherent is larger and operates a growing silicon carbide business.
- 10/16/2023
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5 Things About Coherent That Smart Investors Know
- Coherent expanded through acquisitions over the past three decades. It expects to profit from the growth of the silicon carbide and AI markets.
- 10/16/2023
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Why Investors Shoved Coherent Stock 5% Higher This Week
- Two major players in Japanese industry are investing $1 billion into a key company business. The pair are manufacturers Mitsubishi Electric and Denso.
- 10/13/2023
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Where Will Coherent Stock Be in 1 Year?
- Coherent's stock has stayed nearly flat since its acquisition by II-VI last year. Sluggish sales of its legacy products are offsetting its stronger sales of AI communications chips and silicon carbide wafers.
- 10/13/2023
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Why Coherent Stock Jumped on Tuesday
- Two Japanese automakers will invest $1 billion in Coherent's silicon carbide business. Coherent will own 75% of the new subsidiary.
- 10/10/2023
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Coherent shares surge on $1B investment from Denso and Mitsubishi Electric
- Coherent Corp shares jumped on Tuesday following the announcement of a substantial $1 billion investment into its silicon carbide business from two Japanese manufacturers. Denso Corporation and Mitsubishi Electric Corp will each contribute $500 million, the company said in a press release.
- 10/10/2023
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Coherent's stock jumps 3% premarket on news of $1 billion investment into its silicon carbide business
- Coherent Corp.'s stock COHR, -0.67% jumped 3.2% premarket Tuesday, after the materials, networking and lasers company said it has concluded a review of its silicon carbide business and will receive $1 billion in investments from Denso Corp. 6902, +3.15% and Mitsubishi Electric Corp. 6503, +2.69%. The Japanese companies will invest $500 million each and receive a 12.5% non-controlling stake in Pittsburgh-based Coherent.
- 10/10/2023
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Coherent Thought Leaders to Present at ECOC 2023
- PITTSBURGH, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that its thought leaders will present at speaking events during ECOC 2023 in Glasgow, Scotland, Oct. 1-4.
- 09/26/2023
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EV chipmaker Coherent shares rise on possible $5B Japanese investment
- Coherent Corp shares are up Monday following reports that the semiconductor company has drawn investment interest from Japanese firms. A quartet of Japanese conglomerates has discussed taking a minority stake in Coherent's silicon carbide business at a valuation of up to $5 billion, according to reports citing sources familiar with the matter.
- 09/25/2023
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Why Coherent Stock Blasted 8% Higher on Friday
- No less than four large Japanese companies are eager to invest in one of the company's key businesses, according to a media report. The report helped the stock zoom higher on Friday.
- 09/22/2023
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Coherent Announces Date of Its Communications Market Overview Webcast
- PITTSBURGH, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a Communications Market Overview webcast for investors, equity analysts, and the public on Tuesday, September 19, 2023, at 10:30 a.m. ET. The webcast will address both Coherent's data communications and telecommunications business units and will include discussion of the opportunity presented by AI and how Coherent is positioned to address this exciting and rapidly emerging new market opportunity. Presenting executives include:
- 09/06/2023
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Why Coherent Stock Fell 24% This Week
- Coherent beat expectations with its fiscal fourth-quarter results despite continued macroeconomic uncertainty. But those macro headwinds are also limiting near-term growth and visibility, causing the company to issue conservative guidance for the coming year.
- 08/18/2023
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Why Coherent Stock Is Crashing Today
- Coherent's Q4 results actually beat expectations. But the company's forward guidance came in much weaker than the market had anticipated.
- 08/16/2023
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Coherent Stock Dives on Outlook Miss. Analyst Still Sees 'Bright Spot' Ahead.
- Coherent expects to report fiscal first-quarter earnings of 5 cents a share to 20 cents a share on revenue between $1 billion and $1.1 billion.
- 08/16/2023
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Coherent Corp stock drops as outlook disappoints investors
- Coherent Corp (NASDAQ:COHR) stock traded 20% lower ahead of Wednesday's open after giving investors weaker-than-expected guidance for the upcoming financial year. The optical and semiconductor tech company warned the market, in quarterly results last night, that it is not expecting to see a “meaningful rebound” from the macroeconomic challenges that have impacted its business in the past year.
- 08/16/2023
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5 Things to Know Before Markets Open
- Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here's what investors need to know today.
- 08/16/2023
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Compared to Estimates, Coherent (COHR) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Coherent (COHR) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/15/2023
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Coherent issues a grim earnings outlook, and its stock is tanking
- Shares of Coherent Corp. tumbled 17% in after-hours trading Tuesday after the optoelectronics company issued a weaker-than-expected outlook for the quarter and year ahead.
- 08/15/2023
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Coherent Announces Date of FY 2023 Fourth-Quarter and Fiscal Year-End Conference Call
- PITTSBURGH, July 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter and fiscal year ended June 30, 2023, in a press release posted on Coherent's website at coherent.com/company/investor-relations after market close on August 15. Coherent's management will host a conference call to discuss these results on August 16 at 9:00 a.m. ET.
- 07/27/2023
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COHR or APP: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Technology Services sector might want to consider either Coherent (COHR) or AppLovin (APP). But which of these two companies is the best option for those looking for undervalued stocks?
- 07/25/2023
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Why Coherent Rocketed 38% Higher in June
- AI optimism fueled a big bounce for this beaten-down optical communications stock. Coherent unveiled a new line of low-cost industrial lasers.
- 07/10/2023
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New Name, Coherent is a Compelling AI Data Infrastructure Play
- Laser systems maker Coherent Co. NASDAQ: COHR changed its name from II-VI, confusing investors even trying to pronounce the name. The company is undergoing a multi-year restructuring plan to simplify its business model, just like it simplified its name.
- 07/06/2023
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Coherent: Benefiting From Migration To Ethernet Switching Attached To AI/ML
- Coherent, through Finisar, has been the leading manufacturer of optical network transceivers for the past 22 years. Coherent is introducing transceivers that will form the core of the second generation of 800G transceivers and the first generation of 1.6T transceivers. Growth in sales of Coherent's Ethernet transceivers will grow as Ethernet replaces InfiniBand Networking Protocols.
- 06/26/2023
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Why Coherent Stock Dropped This Week
- The stock's rally has made shares more susceptible to short-term swings. Coherent hasn't yet established a strong track record for annual earnings.
- 06/23/2023
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Why Coherent Stock Dropped on Wednesday
- Coherent's sales could see a lift from electronic vehicle manufacturing. Its short-term sales outlook is weak.
- 06/21/2023
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These 2 Stocks Soared by Double-Digit Percentages on Wednesday
- Markets were volatile but mixed after the Fed's interest rate announcement. NextDecade stock jumped as it found investors for its LNG project.
- 06/14/2023
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Coherent stock surges, leading optical names higher after EV product announcement
- Shares of Coherent Corp. COHR were surging about 20% in Wednesday morning action after the optoelectronics company announced a new product that it says will serve electric-vehicle applications. Coherent's PH20 SmartWeld+ laser processing heads are “optimized for precision control of welding depths,” making them beneficial in EV use cases, the company said in a release.
- 06/14/2023
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Coherent: Discounted And Attractive Entry Point For The Medium To Long Term
- The acquisition of Coherent proved to impede the combined company's resources considerably, due to the current macro conditions. The combined company of II-VI and Coherent now controls a durable and attractive portfolio within the industrial, communications, electronics and instrumentation markets. The company's silicon carbide platform is expected to be a major value driver, with electric vehicle and renewable energy markets driving adoption.
- 06/14/2023
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Coherent expected restructuring charges of up to $200 million; stock extends rally
- Coherent Corp. COHR, +14.02% disclosed Tuesday that it expects to record $150 million to $200 million in charges related to a restructuring plan approved last week. The engineered materials and opto-electronics components company said the restructuring includes site consolidations, the moving and closing of facilities and the relocation of certain manufacturing facilities, and will be coupled with other cost cutting measures, “as part of a transformation to a simpler, more streamlined” business model.
- 05/30/2023
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Why Coherent Stock Skyrocketed by 14% Today
- The laser specialist entered into a partnership with a deep-pocketed conglomerate. Under the terms of a memorandum of understanding, the two companies will manufacture components used in electric vehicles.
- 05/26/2023
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4 Michael Burry Stocks to Buy (and 3 to Sell)
- With the Scion Asset Management hedge-fund manager rocketing to fame thanks to the film “The Big Short,” seemingly everyone wants to talk about Michael Burry stock picks. Recently, CNBC featured the contrarian and often-enigmatic investor, disclosing Scion's top 10 holdings as of the first quarter's end.
- 05/24/2023
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These are the top 10 stocks held by 'Big Short' investor Michael Burry
- Michael Burry invested a lot of money into the stock market last quarter, according to 13F filings. The "Big Short" investor who has held a bearish tilt towards stocks initiated 17 new positions last quarter.
- 05/19/2023
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Coherent to Present at the 51st Annual J.P. Morgan Global Technology, Media, and Communications Conference
- PITTSBURGH, May 16, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the company will present at the following upcoming investor conference:
- 05/16/2023
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Coherent: Laser Focus Is Required
- Coherent Corp. (formerly known as II-VI) has been hurt by the debt overhang and pricey deal for Coherent. The company has taken on a lot of debt, and this weighs on the business amidst operational headwinds.
- 05/15/2023
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Coherent (COHR) Lags Q3 Earnings and Revenue Estimates
- Coherent (COHR) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.95 per share a year ago.
- 05/10/2023
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Coherent stock tumbles toward 3-year low after big profit miss, downbeat outlook due to a ‘sudden' deceleration in revenue
- Shares of Coherent Corp. COHR plunged 12.2% toward a three-year low in premarket trading Wednesday, after the optical components and lasers company reported fiscal third-quarter profit that fell well short of expectations and provided a downbeat outlook as revenue suddenly decelerated. The company swung to a net loss for the quarter to March 31 of $33.5 million, or 24 cents a share, from net income of $31.9 million, or 28 cents a share, in the year-ago period.
- 05/10/2023
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Coherent to Host FY 2023 Third-Quarter Conference Call
- PITTSBURGH, April 28, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a conference call on Wednesday, May 10, 2023, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO, and Mary Jane Raymond, Chief Financial Officer.
- 04/28/2023
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Coherent's Stock Looks Deeply Discounted
- Coherent's stock has struggled to gain any footing over the past year, down around 50% despite completing their merger with IIVI. The company has continued to grow revenue and earnings despite this price pullback and now trades deeply discounted to peers and their own historical averages.
- 04/12/2023
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Coherent Thought Leaders to Present at OFC 2023
- PITTSBURGH, March 02, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that its thought leaders will present at panels, technical sessions, and other events at OFC 2023, March 7-9 at the San Diego Convention Center.
- 03/02/2023
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Coherent to Present at the Susquehanna 12th Annual Technology Conference
- PITTSBURGH, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will present at the following upcoming investor conference:
- 02/27/2023
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Michael Burry's Top Buys of the 4th Quarter
- Michael Burry, the famed investor covered in Michael Lewis' book, “The Big Short,” and portrayed by Christian Bale in a 2015 movie of the same name, released the fourth-quarter 2022 equity portfolio for Scion Asset Management earlier this month.
- 02/23/2023
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Coherent to Webcast an Analyst Briefing on March 8, 2023
- PITTSBURGH, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will webcast an analyst briefing on Wednesday, March 8, at 11:00 a.m. ET. The briefing will focus on the company's exciting prospects in the optical communications market. The presentation will be followed by a question and answer session.
- 02/23/2023
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56% of Michael Burry's $47 Million Portfolio Is Invested in Just 3 Stocks
- After predicting the housing collapse prior to the Great Recession, Michael Burry is an investor held in very high esteem.
- 02/22/2023
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Coherent: It Is Moment Of Truth (Technical Analysis)
- COHR has rallied 57% from its bottom and could set up a new strong uptrend, while it is now facing its most important overhead resistance. The relevant industry has been resilient during the last sell-off, and despite a moment of slowdown, could head for more strength.
- 02/21/2023
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8 Stocks Michael Burry Was Betting on Before Cryptic ‘Sell' Warning
- On Jan. 31, hedge fund manager Michael Burry tweeted out a single word that conveyed an ominous and cryptic message: “Sell.” Shortly after, the Scion Asset Management founder deleted his tweet.
- 02/15/2023
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Coherent Corp. (COHR) Q2 2023 Earnings Call Transcript
- Coherent Corp. (NASDAQ:COHR ) Q2 2023 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Chuck Mattera - Chairman and Chief Executive Officer Mark Sobey - President of Laser Segment Giovanni Barbarossa - Chief Strategy Officer and President of Materials Segment Conference Call Participants Ananda Baruah - Loop Capital Simon Leopold - Raymond James James Ricchiuti - Needham Dave Kang - B. Riley Samik Chatterjee - JPMorgan Mark Miller - The Benchmark Company Jed Dorsheimer - William Blair Richard Shannon - Craig-Hallum Tim Savageaux - Northland Capital Markets Paul Silverstein - Cowen Vivek Arya - Bank of America Meta Marshall - Morgan Stanley Tom O'Malley - Barclays Ruben Roy - Stifel Mike Genovese - Rosenblatt Operator Good day, and thank you for standing by.
- 02/10/2023
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Coherent (COHR) Tops Q2 Earnings Estimates
- Coherent (COHR) delivered earnings and revenue surprises of 2.15% and 0.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/08/2023
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Coherent to Host FY 2023 Second-Quarter Conference Call
- PITTSBURGH, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that the company will hold a conference call on Wednesday, Feb. 8, 2023, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO, and Mary Jane Raymond, Chief Financial Officer. Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment, and Dr. Mark Sobey, President, Lasers Segment, will participate in the question and answer session.
- 01/27/2023
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Coherent to Webcast an Analyst Briefing on Feb. 1, 2023
- PITTSBURGH, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that the company will webcast an analyst briefing on Wednesday, Feb. 1, at 11:00 a.m. ET. The briefing will focus on the company's exciting prospects in the display manufacturing and life sciences markets. The presentation will be followed by a question and answer session.
- 01/25/2023
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COHR or VERI: Which Is the Better Value Stock Right Now?
- COHR vs. VERI: Which Stock Is the Better Value Option?
- 01/13/2023
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4 Stocks With Robust Sales Growth for Assured Returns in 2023
- Sales growth is vital for the survival of a business, even during an economic slowdown. Conagra Brands (CAG), Signet Jewelers (SIG), CMS Energy (CMS) and Coherent (COHR) are recording top-line growth.
- 01/13/2023
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Coherent to Present at the 25th Annual Needham Growth Conference
- PITTSBURGH, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and lasers, announced today that the company will present at the following upcoming investor conference:
- 01/04/2023
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Coherent: Gaining Momentum In Silicon Carbide From Partnership With Infineon
- Coherent's supply partnership with Infineon Technologies is reinforcing its role as a Silicon Carbide (SiC) wafers leader. Infineon has inked deals to supply SiC chips to Stellantis, Hyundai, VW, and Tesla made on Coherent's SiC wafers.
- 12/12/2022
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Coherent to Present at the Nasdaq 47th Investor Conference
- PITTSBURGH, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the following upcoming investor conference:
- 12/01/2022
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Is the Options Market Predicting a Spike in Coherent Corp (COHR) Stock?
- Investors need to pay close attention to Coherent Corp (COHR) stock based on the movements in the options market lately.
- 11/30/2022
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Coherent to Present at the 2022 Raymond James Technology Investors Conference
- PITTSBURGH, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the following upcoming investor conference:
- 11/30/2022
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COHR vs. WDH: Which Stock Is the Better Value Option?
- COHR vs. WDH: Which Stock Is the Better Value Option?
- 11/14/2022
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Coherent Corp. (COHR) Q1 2023 Earnings Call Transcript
- Coherent Corp. (NASDAQ:COHR ) Q1 2023 Results Conference Call November 9, 2022 9:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Dr. Chuck Mattera - Chairman and Chief Executive Officer Dr. Giovanni Barbarossa - Chief Strategy Officer & President, Materials Segment Dr. Mark Sobey - President, Lasers Segment Conference Call Participants Ananda Baruah - Loop Capital Paul Silverstein - Cowen Dave Kang - B. Riley Mark Miller - Benchmark Simon Leopold - Raymond James James Ricchiuti - Needham Samik Chatterjee - JPMorgan Vivek Arya - Bank of America Sidney Ho - Deutsche Bank Richard Shannon - Craig-Hallum Tim Savageaux - Northland Capital Markets Meta Marshall - Morgan Stanley Tom O'Malley - Barclays Operator Ladies and gentlemen, thank you for standing by, and welcome to the Coherent Corp. FY '23 First Quarter Earnings Call.
- 11/09/2022
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Why Coherent Stock Lit Up 12% on Wednesday
- Coherent stock may not look cheap right now, but just wait until you see what 2023 has in store.
- 11/09/2022
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Coherent (COHR) Q1 Earnings Surpass Estimates
- Coherent (COHR) delivered earnings and revenue surprises of 25.30% and 0.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/09/2022
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Is the Options Market Predicting a Spike in Coherent Corp. (COHR) Stock?
- Investors need to pay close attention to Coherent Corp. (COHR) stock based on the movements in the options market lately.
- 10/28/2022
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Coherent Corp. to Host FY 2023 First-Quarter Conference Call
- PITTSBURGH, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will hold a conference call on Wednesday, November 9, 2022, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO and Mary Jane Raymond, Chief Financial Officer. Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment and Dr. Mark Sobey, President, Lasers Segment will participate in the question and answer session.
- 10/26/2022
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High-Speed Interconnect Opportunity
- High-Speed Interconnect market is about to take off. Leading innovators include Ayar Labs, Avicena, and Kandou.
- 10/19/2022
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Why Coherent Stock Took a Double-Digit Hit This Week
- Investors took the latest analyst moves on the company to heart.
- 10/14/2022
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Coherent: Long And Short-Term Opportunity (Technical Analysis)
- Coherent is seemingly massively undervalued from a fundamental perspective and now likely offers a short-term opportunity. The stock has recently bottomed after a steep and fast sell-off during September, likely being overextended and building some positive momentum.
- 10/06/2022
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Coherent Thought Leaders to Present at ECOC 2022 and Showcase New Products With Live Technology Demonstrations
- PITTSBURGH, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), the world's leading supplier of components and modules for optical communications, today announced that it is exhibiting at ECOC 2022 in Basel, Switzerland, Sept. 19-21, booth #1.
- 09/19/2022
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New Strong Sell Stocks for September 16th
- CNF, AMRK, and COHR have been added to the Zacks Rank #5 (Strong Sell) List on September 16, 2022.
- 09/16/2022
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New Strong Sell Stocks for September 14th
- ALCO, COHR, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 14, 2022.
- 09/14/2022
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II-VI Incorporated to Present at the Citi 2022 Global Technology Conference
- PITTSBURGH, Sept. 02, 2022 (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:
- 09/02/2022
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II-VI Stock: Optimistic Outlook For A Stellar Fiscal 2023
- II-VI set new records for quarterly revenue in F4Q 2022 and significant growth in response to sustained robust demand across its businesses. II-VI confirmed significant share gains in 3D sensing at Apple, gaining share from Lumentum.
- 08/25/2022
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II-VI Incorporated (IIVI) CEO Dr. Chuck Mattera on Q4 2022 Results - Earnings Call Transcript
- II-VI Incorporated (NASDAQ:IIVI ) Q4 2022 Results Conference Call August 24, 2022 9:00 AM ET Company Participants Mary Jane Raymond - CFO Dr. Chuck Mattera - Chair and CEO Dr. Giovanni Barbarossa - Chief Strategy Officer and President, Compound Semiconductors Conference Call Participants Paul Silverstein - Cowen Ananda Baruah - Loop Capital Dave Kang - B. Riley Mark Miller - Benchmark Jim Ricchiuti - Needham Samik Chatterjee - JPMorgan Simon Leopold - Raymond James Meta Marshall - Morgan Stanley Harsh Kumar - Piper Sandler Sidney Ho - Deutsche Bank Thomas O'Malley - Barclays Operator Good day and thank you for standing by.
- 08/24/2022
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II-VI (IIVI) Tops Q4 Earnings and Revenue Estimates
- II-VI (IIVI) delivered earnings and revenue surprises of 3.16% and 2.97%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/24/2022
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II-VI: Technology For The Future
- II-VI is positioned well to grow organically as well as through the recent acquisition of Coherent. Silicon carbide manufacturing provides a unique growth opportunity for II-VI.
- 08/15/2022
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II-VI Incorporated to Host FY 2022 Fourth-Quarter Conference Call
- PITTSBURGH, Aug. 10, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a conference call on Wednesday, August 24, 2022, at 9:00 a.m. ET. The call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment.
- 08/10/2022
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Despite A Drop In Sales, Coherent Stock Has Managed To Strongly Outperform The S&P 500
- Coherent Inc. (NASDAQ: COHR) stock price jumped more than 2.5x from $106 in 2018 end, to around $266 currently, primarily due to favorable changes in its P/S multiple.
- 07/05/2022
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II-VI (IIVI) Surges 5.6%: Is This an Indication of Further Gains?
- II-VI (IIVI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 06/27/2022
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Dodge & Cox Ups Its Bet on II-VI
- Investment firm Dodge & Cox disclosed last week it upped its stake in II-VI Inc. ( IIVI , Financial) by 63.42%.
- 06/13/2022
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II-VI Is A Powerful Choice In Multiple Secular Growth Trends
- II-VI has built a remarkably robust moat and is massively investing in strong secular growth trends. The street consensus anticipates 16.11% FCF and 13.34% EBIT CAGR over the next 5 years.
- 06/05/2022
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Coherent (COHR) Lags Q2 Earnings and Revenue Estimates
- Coherent (COHR) delivered earnings and revenue surprises of -18.27% and 4.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/11/2022
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II-VI (IIVI) Beats Q3 Earnings and Revenue Estimates
- II-VI (IIVI) delivered earnings and revenue surprises of 10.47% and 2.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/10/2022
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Why II-VI Shares Are Trading Higher Today
- II-VI Inc (NASDAQ: IIVI) reported third-quarter FY22 revenue growth of 5.7% year-on-year to $827.7 million, beating the consensus of $804.8 million. Segments: Photonic Solutions revenue increased 11.8% Y/Y to $567.8 million.
- 05/10/2022
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II-VI Incorporated to Webcast FY 2022 Third-Quarter Conference Call
- PITTSBURGH, April 27, 2022 (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, May 10, 2022, at 9:00 a.m. ET. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Compound Semiconductors.
- 04/27/2022
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3 Most-Shorted Stocks That Are Buy-Worthy Today
- With a confirmed rally at their back, these three most-shorted stocks have what it takes to make a strong rally. The post 3 Most-Shorted Stocks That Are Buy-Worthy Today appeared first on InvestorPlace.
- 04/01/2022
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II-VI: Eyes On Carbide Automotive Chip Market As Semiconductor Shortage Ends
- Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms.
- 03/17/2022
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Buy Coherent Before The Merger
- Buy Coherent Before The Merger
- 03/08/2022
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Coherent (COHR) Q1 Earnings Beat Estimates
- Coherent (COHR) delivered earnings and revenue surprises of 38.92% and 5.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/09/2022
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II-VI Incorporated's (IIVI) CEO Chuck Mattera on Q2 2022 Results - Earnings Call Transcript
- II-VI Incorporated's (IIVI) CEO Chuck Mattera on Q2 2022 Results - Earnings Call Transcript
- 02/09/2022
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II-VI Shares Drop On Q2 Earnings Miss, Weaker Outlook; Provides Update On Coherent
- II-VI Inc IIVI reported second-quarter FY22 revenue growth of 2.6% year-on-year to $806.8 million, missing the consensus of $816.97 million. Segments: Photonic Solutions revenue increased 8.7% Y/Y to $525 million.
- 02/09/2022
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Analysts Estimate II-VI (IIVI) to Report a Decline in Earnings: What to Look Out for
- 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.
- 02/02/2022
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Coherent (COHR) to Report Q1 Results: Wall Street Expects Earnings Growth
- Coherent (COHR) 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.
- 02/02/2022
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II-VI Incorporated to Webcast FY 2022 Second-Quarter Conference Call
- PITTSBURGH, Jan. 26, 2022 (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 Wednesday, February 9, 2022, at 9:00 a.m. EST. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chair and CEO; Mary Jane Raymond, Chief Financial Officer; and Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Compound Semiconductors.
- 01/26/2022
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II-VI: Even Easier Buy Than Before
- II-VI has strong earnings momentum moving forward.
- 01/20/2022
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II-VI Incorporated to Present at the 24th Annual Needham Growth Conference
- PITTSBURGH, Jan. 07, 2022 (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:
- 01/07/2022
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These Tech Stocks Had a Terrible 2021: Here's Why They Could Soar in 2022
- These cast-off tech stocks could be in for a big catch-up rally.
- 01/03/2022
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II-VI: Mr. Market Overlooked The Market Potential
- From 2022, the company will invest $1 billion in the silicon carbide (SiC) market, which has an expected growth rate of 50% from 2020 to 2030. This is an excellent growth driver that will provide stable organic revenue growth over the long term.
- 12/20/2021
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3 Naughtier Most-Shorted Stocks to Buy
- 2021's Santa has claws, but more jolly rallies in some of this year's naughtier most-shorted stocks look ready to turn the corner. The post 3 Naughtier Most-Shorted Stocks to Buy appeared first on InvestorPlace.
- 12/17/2021
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Read Why Morgan Stanley Sees 26% Upside In II-VI
- Morgan Stanley analyst Meta Marshall upgraded II-VI, Inc (NASDAQ:IIVI) from Equal-weight to Overweight with a price target of $82, up from $80, implying 26.4% upside. Marshall believes that the pullback in valuation over the last year (down ~12% YTD and ~26% since initial COHR announcement) and current multiple (~17-18x CY23 P/E) is too pessimistic around Coherent Inc (NASDAQ: COHR) transaction risks and recent 3D sensing results.
- 12/15/2021
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New Strong Sell Stocks for December 8th
- COHR, LPRO, FSTR, SANM, and VIOT have been added to the Zacks Rank #5 (Strong Sell) List on December 8, 2021.
- 12/08/2021
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Coherent (COHR) Lags Q4 Earnings and Revenue Estimates
- Coherent (COHR) delivered earnings and revenue surprises of -5.85% and -5.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/09/2021
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II-VI Reports Mixed Q1 Results, Sees Q2 Revenue Below Consensus
- II-VI Inc (NASDAQ: IIVI) reported first-quarter FY22 revenue growth of 9% year-on-year to $795.1 million, missing the consensus of $808.6 million. Segments: Photonic Solutions revenue increased 7.7% Y/Y to $536 million.
- 11/09/2021
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II-VI (IIVI) Q1 Earnings Beat Estimates
- II-VI (IIVI) delivered earnings and revenue surprises of 4.82% and -1.92%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/09/2021
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II-VI Incorporated to Webcast FY 2022 First-Quarter Conference Call
- PITTSBURGH, Oct. 26, 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, November 9, 2021, at 9:00 a.m. EST. 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.
- 10/26/2021
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Windstream Wholesale Enters Game-Changing Partnership with II-VI Incorporated to Streamline 400G Services
- LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Wholesale, a leading provider of advanced optical solutions, announced today that it has partnered with II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, to co-develop next-generation transceivers that will streamline deployment of 400 gigabit services while significantly reducing costs, power consumption and network complexity. “This game-changing partnership is a vital step toward making 400
- 10/19/2021
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II-VI Incorporated Powers All its European Sites with 100% Renewable Electricity
- PITTSBURGH, Oct. 19, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it is powering all its facilities in Europe with 100% renewable electricity sources.
- 10/19/2021
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3 Tech Stocks Poised for a 2022 Rebound
- A lackluster 2021 got you down? 2022 could have good things in store.
- 10/17/2021
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II-VI: Crystal Clear Buy On A Growing Industrial
- II-VI: Crystal Clear Buy On A Growing Industrial
- 10/14/2021
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How Analysts View II-VI's Acquisition Of Coherent?
- Barclays analyst Tom O'Malley downgraded II-VI Inc (NASDAQ:IIVI) to Underweight from Equal Weight with a price target of $56, down from $65. The analyst believes II-VI shares will continue to be an underperformer saying 3D sensing "is now a headwind," and its core business is a low single-digit grower.
- 10/04/2021
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7 Tech Stocks That are Down Too Far to Overlook Now
- Few tech stocks are on sale as the sector reaches all-time highs, but these shares recently disappointed investors and are now a bargain. The post 7 Tech Stocks That are Down Too Far to Overlook Now appeared first on InvestorPlace.
- 10/04/2021
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II-VI Incorporated: Set To Capitalize On Apple's iPhone 13 Launch
- With the iPhone 13 set to release on Friday, September 24th, investors should not just be concentrating on Apple's stock. II-VI will provide optical manufacturing technology, critical to the phone's camera structure, for the manufacturing of Apple's iPhone 13 model.
- 09/24/2021
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II-VI Incorporated Joins SmartTunable Multi-Source Agreement Group for Wavelength-Tunable Transceivers as a Founding Member
- PITTSBURGH, Sept. 13, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in optical communications components and subsystems, today announced that it joined, as a founding member, the SmartTunable Multi-Source Agreement (MSA) Group, or “STM Group,” for wavelength-tunable transceivers.
- 09/13/2021
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2 Value Stocks to Buy Before the EV Revolution Takes Them Higher
- While not thought of as electric vehicle companies, these two stocks will nonetheless benefit from soaring EV growth over the next decade.
- 09/12/2021
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II-VI Incorporated to Present at the Citi 2021 Virtual Global Technology Conference
- PITTSBURGH, Sept. 10, 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:
- 09/10/2021
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II-VI Incorporated to Present at the 2021 Deutsche Bank Virtual Technology Conference
- PITTSBURGH, Sept. 07, 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:
- 09/07/2021
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nLIGHT: Poised To Light Up Investment Portfolios
- nLIGHT: Poised To Light Up Investment Portfolios
- 08/21/2021
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II-VI - Thoughts After A Tough Half Year
- II-VI - Thoughts After A Tough Half Year
- 08/19/2021
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II-VI Incorporated Announces Board Chair Succession
- PITTSBURGH, Aug. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI) (“II-VI” or the “Company”), a leader in engineered materials and optoelectronic components, today announced that Francis J. Kramer, II-VI's current Board chair and former CEO, will transition to Chair Emeritus while continuing as a director, effective immediately following the annual meeting of II-VI shareholders in November, 2021, and that Dr. Vincent D. Mattera, Jr., II-VI's current Chief Executive Officer and a director, will become Chair of II-VI's board of directors at that time.
- 08/16/2021
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Time to Buy the Dip on This Crucial Tech Company
- II-VI sold off after earnings, but its results and outlook remained strong.
- 08/12/2021
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Coherent, Inc. Reports Third Fiscal Quarter Results
- SANTA CLARA, Calif., Aug. 11, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its third fiscal quarter ended July 3, 2021.
- 08/11/2021
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II-VI Incorporated to Present at the Canaccord Genuity 41st Annual Growth Conference
- PITTSBURGH, Aug. 11, 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:
- 08/11/2021
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II-VI Incorporated (IIVI) CEO Vincent Mattera on Q4 2021 Results - Earnings Call Transcript
- II-VI Incorporated (IIVI) CEO Vincent Mattera on Q4 2021 Results - Earnings Call Transcript
- 08/10/2021
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Recap: II-VI Q4 Earnings
- Shares of II-VI (NASDAQ:IIVI) moved higher by 0.8% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 25.42% year over year to $0.88, which beat the estimate of $0.76.
- 08/10/2021
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II-VI Incorporated Reports Fiscal 2021 Fourth Quarter and Full Year Results Achieving Three Quarterly Records: Revenue, Bookings and Backlog
- Expects SiC Business to Grow at 2x Company's Growth Rate; Expects to Invest $1B over 10 Years Expects SiC Business to Grow at 2x Company's Growth Rate; Expects to Invest $1B over 10 Years
- 08/10/2021
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II-VI Earnings Preview
- On Tuesday, August 10, II-VI (NASDAQ:IIVI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
- 08/09/2021
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Earnings Preview: II-VI (IIVI) Q4 Earnings Expected to Decline
- 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.
- 08/03/2021
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Coherent Stock Could Drop 15% Despite Earnings Improvement
- Coherent Inc. stock is up almost 1.8x since the beginning of this year, and at the current price of $264 per share, we believe that Coherent stock has around 15% potential downside. Why is that?
- 07/02/2021
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II-VI Incorporated and Coherent, Inc. Announce Respective Shareholder and Stockholder Approvals for Merger Agreement
- 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.
- 06/24/2021
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II-VI Incorporated Introduces High-Efficiency Multifunctional Metalenses for Ultracompact Optical Sensors
- 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.
- 06/23/2021
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II-VI Incorporated Celebrates its 50th Anniversary With Opening Bell Ceremony at Nasdaq
- 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.
- 06/22/2021
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II-VI Incorporated Receives $350 Million Additional Equity Commitment from Bain Capital
- 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.
- 06/09/2021
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II-VI Incorporated Introduces Optical Monitoring System for Optical Transport and Access Networks
- 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.
- 06/03/2021
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Better Buy: Micron Technology vs. II-VI
- These two component-makers are set up for a strong upcycle, but which will be stronger?
- 05/30/2021
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II-VI Incorporated's Thought Leaders to Present at OFC 2021
- 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:
- 05/26/2021
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More Fear And Uncertainty Around II-VI Isn't So Bad For Long-Term Investors
- 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.
- 05/24/2021
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II-VI Incorporated to Present at the Cowen 49th Annual Technology, Media & Telecom Conference
- 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:
- 05/20/2021
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II-VI: Look Past The Message And Messenger
- II-VI announced strong earnings in its recent call, but a softer than needed guidance caused the stock to drop.
- 05/17/2021
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II-VI Incorporated to Present at the 16th Annual Needham Virtual Technology & Media Conference
- 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:
- 05/14/2021
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II-VI Incorporated Stock Could Jump 20%, On The Back Of Strong Demand Growth
- 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.
- 05/12/2021
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Top 1st-Quarter Trades of Chuck Royce's Firm
- Royce Investment Partners recently released its portfolio updates for the first quarter of 2021, which ended on March 31.
- 05/11/2021
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II-VI Incorporated to Host “II-VI Advanced Markets & Technologies” Investor Webcast on May 20
- 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
- 05/11/2021
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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q3 2021 Results - Earnings Call Transcript
- II-VI Incorporated (IIVI) CEO Chuck Mattera on Q3 2021 Results - Earnings Call Transcript
- 05/06/2021
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II-VI Shares Are Trading Lower Despite Q3 Earnings Beat As Q4 EPS Outlook Falls Short
- 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.
- 05/06/2021
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II-VI (IIVI) Surpasses Q3 Earnings and Revenue Estimates
- 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?
- 05/06/2021
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II-VI stock sinks toward 6-month low after earnings beat expectations, but profit outlook comes up shy
- 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.
- 05/06/2021
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II-VI: Q3 Earnings Insights
- Shares of II-VI (NASDAQ:IIVI) decreased 1.5% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 93.62% year over year to $0.91, which beat the estimate of $0.88.
- 05/06/2021
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II-VI Incorporated Reports Fiscal 2021 Third Quarter Results
- PITTSBURGH, May 06, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 third quarter ended March 31, 2021.
- 05/06/2021
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Apple Is Funding II-VI To Accelerate Delivery of iPhone Components: What You Need to Know
- Apple. Inc.'s (NASDAQ: AAPL) flagship product — the iPhone — earned more than half of the company's total revenues in the fiscal year second quarter. It's no wonder the company is pulling out all stops to ensure a continued supply of components that go into this key product.
- 05/05/2021
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A Trio of Low Price-Sales Ratio Stocks
- Value investors may want to consider the stocks listed below, as they have low price-sales ratios, good profitability and stable financial situations.
- 04/28/2021
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II-VI Incorporated Introduces Lithium-Sulfur/Selenium Cathode Technology for High-Energy and High-Power Lithium-Ion Batteries
- II-VI invited to present at Battery 500 Consortium workshop on next-generation lithium metal batteries II-VI invited to present at Battery 500 Consortium workshop on next-generation lithium metal batteries
- 04/28/2021
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II-VI (IIVI) Stock Sinks As Market Gains: What You Should Know
- II-VI (IIVI) closed the most recent trading day at $77.85, moving -0.03% from the previous trading session.
- 04/26/2021
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II-VI Incorporated to Webcast FY 2021 Third-Quarter Conference Call
- PITTSBURGH, April 23, 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 Thursday, May 6, 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.
- 04/23/2021
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II-VI Incorporated Inaugurates Technology and R&D Center in Shanghai
- PITTSBURGH, April 23, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today inaugurated the II-VI Technology and R&D Center in Shanghai, China. A grand opening ceremony was held with speakers, live entertainment, and facility tours.
- 04/23/2021
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II-VI Incorporated's (IIVI) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in II-VI Incorporated (IIVI).
- 04/15/2021
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II-VI Incorporated Expands Silicon Carbide Manufacturing Footprint for Power Electronics in Electric Vehicles and Clean Energy Applications
- PITTSBURGH, April 15, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it has expanded its silicon carbide (SiC) wafer finishing manufacturing footprint in China to serve the largest worldwide market for electric vehicles (EVs) and for clean energy applications.
- 04/15/2021
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3 5G Stocks to Buy Right Now
- The 5G era is upon us, and these three well-positioned companies should benefit handsomely.
- 04/11/2021
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Top Ranked Momentum Stocks to Buy for April 7th
- Top Ranked Momentum Stocks to Buy for April 7th
- 04/07/2021
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Here's Why Momentum Investors Will Love Coherent (COHR)
- Does Coherent (COHR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/01/2021
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SHAREHOLDER ALERT: WeissLaw LLP Investigates Coherent, Inc.
- NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Coherent, Inc. ("Coherent" or the "Company") (NASDAQ: COHR) in connection with the proposed acquisition of the Company by II-VI Incorporated ("IIVI") (NASDAQ: IIVI). Under the terms of the merger agreement, IIVI will acquire Coherent in a mixed cash-and-stock transaction, pursuant to which Coherent shareholders will receive $220.00 in cash and 0.91 shares of IIVI common stock for each Coherent share that they own, representing implied per-share merger consideration of approximately $280.59 based upon IIVI's March 30, 2021 closing price of $66.58.
- 03/31/2021
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nLight: Upgrading This Laser-Focused Outfit On Multiple Positive Trends
- nLight: Upgrading This Laser-Focused Outfit On Multiple Positive Trends
- 03/31/2021
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II-VI CEO on decision to buy Coherent for $6.8B
- II-VI CEO Chuck Mattera joins "Squawk on the Street" to discuss the company's bid to buy laser company Coherent.
- 03/26/2021
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Coherent (COHR) Merging With II-VI (IIVI) In $6.3 Billion Deal
- II-VI Incorporated (Nasdaq: IIVI) announced it is entering into a definitive agreement with Coherent, Inc. (Nasdaq: COHR) in a $6.3 billion deal. These are the details.
- 03/26/2021
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Coherent Will Merge With II-VI in a $6.3 Billion Deal
- Lumentum goes home with a $218 million breakup fee, while competing bidder MKS Instruments never had a signed deal.
- 03/25/2021
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Coherent Inc. agrees to II-VI's buyout offer worth £5.10 billion
- Coherent Inc. (NASDAQ: COHR) agreed to a buyout offer worth £5.10 billion from II-VI Inc (NASDAQ: IIVI) on Thursday. The announcement scratched the merger deal with Lumentum Holdings Inc. that Coherent had signed weeks ago.
- 03/25/2021
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Betting on March Madness Brackets With Top-Ranked Stocks
- Since the tournament has reached Sweet Sixteen, let's start filling the brackets from this level and then compare those like we do for March Madness to get to the real winner.
- 03/25/2021
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II-VI Incorporated to Acquire Coherent, Creating Global Leader in Photonic Solutions, Compound Semiconductors, and Laser Technology and Systems
- $250 million in annual cost synergies expected to be realized within 36 months of closing Anticipated to be accretive to Non-GAAP EPS in second year following closing
- 03/25/2021
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Coherent agrees to cash-and-stock deal from II-IV
- Laser technology company Coherent said Thursday that it has agreed to a cash-and-stock buyout deal from engineered materials and optoelectronic components maker II-VI . Under terms of the deal, each share of Coherent common stock will be exchanged for $220 in cash and 0.91 of a share of II-VI stock at the deal's completion, expected in the fourth quarter of 2021.
- 03/25/2021
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II-VI Incorporated Maintains its Current Proposal for Coherent
- Believes Current Proposal Remains Superior Believes Current Proposal Remains Superior
- 03/24/2021
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Coherent stock gains after Lumentum counters II-VI's latest bid with a higher buyout proposal
- Shares of Coherent Inc. rose 0.8% in premarket trading Tuesday, after the laser technology company after Lumentum Holdings Inc. proposed a higher buyout bid, which would top the latest unsolicited bid from II-VI Inc. , which Coherent deemed was "superior" to the previously agreed upon bid from Lumentum. Shares of Lumentum dropped 1.9% ahead of the open, while II-VI stock inched up 0.1%.
- 03/23/2021
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Lumentum Holdings Raises Buyout Offer for Coherent; II-VI Apparently Follows Suit
- II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.
- 03/18/2021
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II-VI Ups Buyout Bid on Coherent, Shares Surge
- The shares of Coherent, Inc. (NASDAQ:COHR) are up 4.7% to trade at $268.93 at last check, after optical components maker II-VI (IIVI) put in a buyout bid of $7 billion, deemed "superior" to the one placed by Lumentum Holdings (LITE).
- 03/18/2021
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Coherent's stock rallies after it receives yet another 'superior' buyout bid from II-VI
- Shares of Coherent Inc. rallied 5.1% in premarket trading Thursday, after the laser technology company received yet another higher buyout bid from II-VI Inc. , which Coherent determined is "superior" to the agreed upon bid from Lumentum Holdings Inc. . Under terms of the new II-VI bid, Coherent shareholders would receive $220 in cash and 0.91 II-VI shares for each Coherent share they own.
- 03/18/2021
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II-VI Incorporated Opens New Applications Laboratory in China for Industrial Laser Materials Processing
- PITTSBURGH, March 17, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in laser materials processing solutions, today announced the opening of its applications laboratory in Suzhou, China, to support the growing industrial laser market in the region.
- 03/17/2021
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Lumentum Announces Revised Proposal for Coherent
- SAN JOSE, Calif., and MENLO PARK, Calif.
- 03/17/2021
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Coherent Confirms Receipt of New Acquisition Proposal from Lumentum
- SANTA CLARA, Calif., March 17, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).
- 03/17/2021
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SHAREHOLDER ALERT: WeissLaw LLP Reminds APEX, MGLN, COHR, and FLIR Shareholders About Its Ongoing Investigations
- NEW YORK, March 16, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th Floor New York, NY 10036 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Apex Global Brands Inc. (OTC: APEX) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Apex Global Brands Inc. (OTC: APEX) in connection with the company's proposed merger with Galaxy Universal LLC.
- 03/16/2021
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II-VI Incorporated Confirms Revised Proposal to Acquire Coherent
- Coherent's Board Deems II-VI Revised Proposal Superior Coherent's Board Deems II-VI Revised Proposal Superior
- 03/12/2021
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Coherent receives a 'superior' buyout bid from II-VI, Lumentum has till March 17 to counter
- Shares of Coherent Inc. rose 1.5% in premarket trading Friday, after the laser technology company said it informed Lumentum Holdings Inc. that a revised unsolicited buyout bid from II-VI Inc. it received Thursday was "superior" to the recently increased and agreed on bid from Lumentum. Coherent said II-VI's bid was $195 in cash and 1.0 II-VI shares for each Coherent share Based on Thursday's closing prices, that represents a $271.51 price for Coherent shares, a 9.4% premium, that values Coherent at about $6.64 billion.
- 03/12/2021
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Lumentum Comments on Notification from Coherent of a Company Superior Proposal
- SAN JOSE, Calif., March 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors' determination that an unsolicited acquisition proposal from II–VI Incorporated (NASDAQ: IIVI) ("II-VI") to acquire Coherent in a cash and stock transaction constitutes a "Company Superior Proposal" as defined in the previously announced amended definitive merger agreement with Lumentum entered into on March 9, 2021 and Coherent's intention to terminate such merger agreement.
- 03/12/2021
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Coherent Board Determines New II-VI Proposal Is Superior to Amended Lumentum Merger Agreement
- SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has determined that a revised acquisition proposal Coherent received from II-VI Incorporated (NASDAQ: IIVI) on March 11, 2021 constitutes a "Company Superior Proposal" under the terms of Coherent's pending revised merger agreement with Lumentum Holdings Inc. (NASDAQ: LITE) dated March 10, 2021.
- 03/12/2021
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Coherent's stock gains after agreeing on increased buyout deal with Lumentum
- Shares of Coherent Inc. rose 1.8% in premarket trading Wednesday, after the laser technology company announced an amended buyout agreement with Lumentum Holdings Inc. , in which the value of the cash-and-stock deal increases to $6.6 billion from about $5.7 billion. The revised terms comes after II-VI Inc.'s unsolicited bid, valued at about $6.4 billion, or $260 a share, was deemed by Coherent earlier this week to be "superior" to the original deal with Lumentum.
- 03/10/2021
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II-VI Incorporated to Webcast Conference Call Regarding Proposal to Acquire Coherent
- PITTSBURGH, March 08, 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, March 9, 2021, at 9:00 a.m. EST to discuss II-VI's proposal to acquire all outstanding shares of Coherent in a cash and stock transaction. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer; Mary Jane Raymond, Chief Financial Officer; Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Compound Semiconductors; and Steve Pagliuca, Co-Chairman of Bain Capital.
- 03/08/2021
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Lumentum has 4 days to match II-VI's rival buyout bid for Coherent
- Lumentum Holdings Inc. said Monday it received notice from laser technology company Coherent Inc. , which Lumentum has entered into an agreement to acquire, that the unsolicited buyout bid it received from II-VI Inc. was "superior." Lumentum said it will review the II-VI bid, and will have four days to match the rival bid.
- 03/08/2021
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II-VI Incorporated Revises Proposal to Acquire Coherent
- Coherent's Board Deems II-VI Proposal Superior Coherent's Board Deems II-VI Proposal Superior
- 03/08/2021
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Lumentum Comments on Notification from Coherent of a Company Superior Proposal
- SAN JOSE, Calif., March 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors' determination that an unsolicited acquisition proposal from II–VI Incorporated...
- 03/08/2021
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Coherent Board Determines Revised II-VI Proposal Is Superior To Lumentum Merger Agreement
- SANTA CLARA, Calif., March 8, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that the company's board of directors, in consultation with its financial and legal advisors, has unanimously determined that a revised acquisition proposal Coherent received from...
- 03/08/2021
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II-VI Incorporated Presents New Product and Technology Capabilities at Photonics West and BiOS Digital Marketplace 2021
- PITTSBURGH, March 05, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it will showcase its broad portfolio of product and technology innovations at the upcoming SPIE Photonics West Digital Forum and BiOS Digital Marketplace, March 6-11. These products and capabilities are enabling next-generation photonics applications in diverse markets such as materials processing, life sciences, automotive, consumer electronics, communications, and more. Traditionally held in San Francisco, this year's event will be fully virtual.
- 03/05/2021
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Nasdaq Turns Red YTD: 5 Top-Ranked Stocks Up More Than 50%
- As the Nasdaq eroded all the gains made this year and turned red due to the tech sell-off, there are still some stocks that have gained more than 50% so far this year.
- 03/05/2021
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Top 5 Nasdaq Tech Stocks Flying High Amid Index's Turmoil
- We have narrowed down our search to five Nasdaq Composite listed technology stocks with strong potential in 2021. These are: AMAT, AMKR, COHR, SANM and SYNA.
- 03/05/2021
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4 Top Stocks From the Prospering Manufacturing Electronics Industry
- 4 Top Stocks From the Prospering Manufacturing Electronics Industry
- 03/01/2021
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Coherent's (COHR) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Coherent (COHR).
- 03/01/2021
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II-VI Incorporated to Double Manufacturing Capacity of Optical Filters for PCR Instrumentation and 5G Optical Access Over a Five-Year Investment
- PITTSBURGH, Feb. 26, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of precision optics for life sciences and optical networks, today announced that it will begin the expansion of its manufacturing footprint in Santa Rosa, California, with a plan to double over the next five years its manufacturing capacity of optical filters for polymerase chain reaction (PCR) instrumentation and 5G optical access networks.
- 02/26/2021
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Up 3x From Its Covid Low, Coherent Inc. Stock Overpriced?
- Coherent Inc. stock is up more than 50% since the beginning of 2020, and at the current price around $252 per share, we believe that Coherent Inc. stock has around 20% potential downside. Why is that?
- 02/26/2021
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II-VI Incorporated Unveils VCSEL Flood Illuminator Modules for Driver and Occupancy Monitoring Systems in Vehicles
- PITTSBURGH, Feb. 25, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its vertical cavity surface emitting laser (VCSEL) flood illuminator modules for driver and occupancy monitoring systems in vehicles.
- 02/25/2021
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SHAREHOLDER ALERT: WeissLaw LLP Reminds AJRD, RP, NTWN and COHR Shareholders About Its Ongoing Investigations
- NEW YORK, Feb. 23, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16th Floor...
- 02/23/2021
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Coherent, Inc. to Lumentum Holdings Inc.
- New York, New York--(Newsfile Corp. - February 23, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Coherent, Inc. ("Coherent" or the "Company") (NASDAQ: COHR) stock prior to February 8, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investiga
- 02/23/2021
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What's Next For Coherent Stock After MKS Instruments' Acquisition Bid?
- The stock price of Coherent Inc., a laser equipment and components manufacturer, has seen a solid 30% rise over the last ten trading days, while it's up 14% over the last five trading days, and going by the historical data, the stock may correct going forward. The rise can largely be attributed to.
- 02/22/2021
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II-VI Incorporated Introduces Ceramic YAG Optical Materials for Solid-State Lasers in Automotive LiDAR
- PITTSBURGH, Feb. 22, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and laser optics, today announced the introduction of its ceramic YAG (yttrium aluminum garnet) platform for solid-state lasers and optical components.
- 02/22/2021
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II-VI Incorporated Introduces Multi-Wavelength Laser Modules for Life Sciences
- PITTSBURGH, Feb. 18, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in laser technology and subsystems, today announced the introduction of its multi-wavelength laser module product line for life sciences.
- 02/18/2021
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Explore These 5 Momentum Stocks Using Driehaus Strategy
- Investors who have the propensity to take a higher risk can think of investing in momentum stocks to boost their gains.
- 02/18/2021
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II-VI Dives Into The Battle For Coherent And More Diversification
- II-VI has stepped up with its own bid for Coherent, valuing this photonics, lasers, and optics company at a premium to its underlying fundamentals. Coherent is a rare asset for II-VI and one that will expand not only served addressable markets (like aero/defense and life sciences), but add meaningful integration and synergy opportunities.
- 02/16/2021
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II-VI Incorporated Introduces 1060 nm Seed Laser in Miniature Package for Fiber Lasers in Materials Processing
- PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced the introduction of its 1060 nm seed laser in a 3-pin miniature package for pulsed fiber lasers in materials processing.
- 02/16/2021
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II-VI Incorporated to Present at the Raymond James 42nd Annual Institutional Investors Conference
- PITTSBURGH, Feb. 16, 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:
- 02/16/2021
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Coherent To Engage In Discussions With II-VI
- SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that its board of directors has determined to engage in discussions with II-VI Incorporated (NASDAQ: IIVI) in response to its unsolicited proposal to acquire Coherent in a transaction where...
- 02/16/2021
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II-VI - Joining The Bidding Race For Coherent
- II-VI is the third largest player which is joining the bidding race for Coherent. The company is offering a premium for Coherent, which is attributed a rosy future.
- 02/15/2021
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Why These 2 Hot Nasdaq Stocks Are Soaring Friday
- Even as markets took a pause, there's still plenty of action in individual stock names.
- 02/12/2021
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Coherent surges 16% after electronic-components maker II-VI Incorporated offers $260 a share in buyout bid
- Coherent stock surged as much as 16% on Friday after the electronic-components maker II-VI Incorporated offered $260 per share for the company in a buyout bid. Coherent had already been the target of multiple buyout offers prior to II-VI's proposal. First, there was a $226 per share offer from the San Jose, California-based Lumentum, and then just last week MKS Instruments offered roughly $240 per share for the company.
- 02/12/2021
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II-VI Offers To Acquire Coherent For $260 Per Share
- II-VI Incorporated (NASDAQ: IIVI) has made an offer to acquire Coherent, Inc. (NASDAQ: COHR) for a purchase price of $260 per share. The purchase price signifies a premium of 15% to Coherent's last closing price.
- 02/12/2021
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Coherent Confirms Receipt Of Unsolicited Proposal From II-VI Incorporated
- SANTA CLARA, Calif., Feb. 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that it has received an unsolicited acquisition proposal from II–VI Incorporated (NASDAQ: IIVI) ("II-VI") to acquire Coherent in a cash and stock transaction. Under the terms of...
- 02/12/2021
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II-VI Incorporated Offers to Acquire Coherent for $260 per Share
- PITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under the terms of II-VI's proposal made in a letter today (see below) to Coherent's Board of Directors, Coherent's shareholders would receive $130.00 in cash and 1.3055 II-VI common shares for each Coherent share. Based on yesterday's closing price of II-VI shares, II-VI's proposal is valued at $260.00 per Coherent share.
- 02/12/2021
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Coherent stock soars after WSJ report that II-VI plans $6.5 billion buyout bid, that tops MKS and Lumentum bids
- Shares of Coherent Inc. soared 16.4% toward a 3-year high in premarket trading Friday, after The Wall Street Journal reported that II-VI Inc. is planning to make a roughly $6.5 billion buyout bid for the laser technology company. II-VI is planning a cash-and-stock bid of $260 a share, as soon as Friday, the WSJ report said, citing people familiar with the matter.
- 02/12/2021
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II-VI Incorporated Introduces Silicon Carbide Ceramic Materials with Record Thermal Conductivity of 255 W/(m-K) for Power Electronics Modules
- PITTSBURGH, Feb. 11, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of components based on reaction-bonded ceramics and metal-matrix composites, today announced that it introduced a new grade of its proprietary reaction-bonded silicon carbide ceramic material, with a record thermal conductivity of 255 W/(m-K), for power electronics applications, including IGBT baseplates.
- 02/11/2021
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II-VI Incorporated Introduces Diffraction-Limited Apochromatic Objective Lenses for Fluorescence Imaging in Life Sciences
- PITTSBURGH, Feb. 10, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of imaging optics, today announced the introduction of its diffraction-limited apochromatic objective lenses for fluorescence imaging.
- 02/10/2021
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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q2 2021 Results - Earnings Call Transcript
- II-VI Incorporated (IIVI) CEO Chuck Mattera on Q2 2021 Results - Earnings Call Transcript
- 02/09/2021
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Invest in Stocks With Momentum Anomaly for Higher Returns
- Skyworks (SWKS), Hologic (HOLX), II-VI (IIVI) and MaxLinear (MXL) are currently witnessing a short-term pullback in price. So make sure you're taking full advantage of it.
- 02/09/2021
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II-VI Incorporated Reports Fiscal 2021 Second Quarter Results
- PITTSBURGH, Feb. 09, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 second quarter ended December 31, 2020.
- 02/09/2021
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Coherent Stock Surges Following New Buyout Offer From MKS Instruments
- The laser technology specialist has two potential buyers, and its share price hasn't been this high in almost three years.
- 02/08/2021
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II-VI Incorporated Unveils High-Power and High-Efficiency Double-Junction VCSEL Arrays for Next-Generation 3D Sensing
- PITTSBURGH, Feb. 08, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its double-junction vertical cavity surface-emitting laser (VCSEL) arrays, the first of its multi-junction VCSEL array platforms for next-generation world-facing 3D sensing applications.
- 02/08/2021
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Earnings Preview for II-VI
- On Tuesday, February 09, II-VI (NASDAQ:IIVI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
- 02/08/2021
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II-VI (IIVI) to Report Q2 Earnings: What's in the Cards?
- II-VI's (IIVI) Q2 earnings are likely to have gained from the solid product demand, the Finisar buyout and strong sales channels. However, high costs and expenses might have marred its performance.
- 02/05/2021
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II-VI Incorporated Wins Fujitsu Supply Chain Excellence Award 2020
- PITTSBURGH, Feb. 03, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the Supply Chain Excellence Award 2020 from Fujitsu Network Communications Inc. at its virtual Supplier Appreciation Day held on January 14, 2021. II-VI was honored by Fujitsu in recognition of its excellent overall performance, including achievement of 100% on-time delivery.
- 02/03/2021
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II-VI (IIVI) Earnings Expected to Grow: Should You Buy?
- 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.
- 02/02/2021
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Is a Surprise Coming for Coherent (COHR) This Earnings Season?
- Coherent (COHR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/02/2021
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Why Coherent (COHR) is Poised to Beat Earnings Estimates Again
- Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/29/2021
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II-VI: Multiple Robust Drivers Propelling My Favorite Stock
- Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms. II-VI's market drivers include 5G, EVs, cloud, advanced smartphone features, and compound semiconductors.
- 01/26/2021
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A Look at Bank of America's Recent Quarter
- Earnings news continues to come out, as interesting acquisitions take place in the technology space.
- 01/24/2021
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Here's What Wall Street Thinks of the Lumentum and Coherent Deal
- Lumentum Holdings' $5.7 billion deal to buy fellow laser maker Coherent is drawing both praise and criticism.
- 01/20/2021
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Top Technology Stocks for February 2021
- These are the technology stocks with the best value, fastest growth, and most momentum for February 2021.
- 01/20/2021
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INVESTIGATION ALERT: Halper Sadeh LLP Investigates COHR, CBMG, WTRE, NAV, UROV; Shareholders Are Encouraged to Contact the Firm
- NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Coherent, Inc. (NASDAQ: COHR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to...
- 01/20/2021
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Deals Report: MGM Walks Away From Entain, Lumentum Buys Coherent
- Jan.19 -- In this edition of "Deals Report," Bloomberg's Ed Hammond takes a look at why MGM Resorts International decided not to make a firm offer for Entain Plc and discusses Lumentum Holdings Inc.'s agreement to buy Coherent Inc. for $5.7 billion. He speaks on "Bloomberg Markets: The Close.
- 01/19/2021
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SHAREHOLDER ALERT: WeissLaw LLP Investigates Coherent, Inc.
- NEW YORK, Jan. 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Coherent, Inc. ("Coherent" or the "Company") (NASDAQ: COHR) in connection with the proposed acquisition of the Company by...
- 01/19/2021
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Soaring Space SPAC, Coherent Buyout Send Nasdaq Higher
- Investors are putting their rally caps on.
- 01/19/2021
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Why Lumentum Stock Plummeted While Coherent Stock Skyrocketed Today
- Lumentum has agreed to scoop up Coherent in a $5.7 billion transaction.
- 01/19/2021
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Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of rival laser maker (COHR, LITE)
- Shares of Coherent skyrocketed 33% Tuesday after rival laser maker Lumentum announced it will acquire the company in a cash and stock deal. The $5.7 billion acquisition will see Coherent shareholders receive $100 and 1.1851 shares of Lumentum stock for each Coherent share.
- 01/19/2021
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Lumentum to acquire Coherent for $5.52 billion in cash and stock deal
- Lumentum is buying rival laser maker Coherent for $5.7 billion in cash and stock. Coherent shareholders will get $100 in cash and 1.1851 Lumentum shares for each share they now hold.
- 01/19/2021
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Coherent Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Coherent, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – COHR
- NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether Coherent, Inc. (NASDAQ: COHR) and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Coherent to Lumentum Holdings Inc. Under the terms of the merger agreement, Coherent shareholders will receive $100.00 per share in cash and 1.1851 shares of Lumentum common stock for each Coherent share t
- 01/19/2021
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Apple Supplier Lumentum Branches Out With $5.7 Billion Acquisition
- Ever since Apple Inc. (NASDAQ: AAPL) CEO Tim Cook put a stake in the ground declaring in 2016 that augmented reality (AR) was the “more interesting” of the AR-VR (virtual reality) pair, the company has purchased 3D sensors for its iPhone from Lumentum Holdings Inc.
- 01/19/2021
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(COHR Alert) Johnson Fistel Investigates Proposed Sale of Coherent; Are Shareholders Getting a Fair Deal?
- SAN DIEGO, Jan. 19, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Coherent, Inc. (NASDAQ: COHR) breached their fiduciary duties in connection with the proposed sale of the Company to Lumentum Holdings...
- 01/19/2021
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COHR Stock Price Pre-Market Jumps Over 30%: $5.7 Billion Deal With Lumentum (LITE) Confirmed
- The stock price of Coherent, Inc. (NASDAQ: COHR) is trading at over 30%. This is why it happened.
- 01/19/2021
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Lumentum to acquire Coherent in cash and stock deal valued at $5.7 billion
- Lumentum Holdings Inc. said Monday it has agreed to acquire Coherent Inc. in a cash-and-stock deal valued at $5.7 billion. Under the terms of the deal, Lumentum will pay $100 in cash at 1.1851 shares of comment stock for each Coherent share.
- 01/19/2021
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How to Invest in 5G, Cloud Computing, Autonomous Electric Vehicles, and Genomics -- All in One Stock
- This company is leveraged to all the major 2020s megatrends.
- 01/18/2021
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Top Wall Street analysts back these stocks as earnings season kicks off
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Intel and BioMarin.
- 01/17/2021
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II-VI Incorporated Receives Optical Communications Industry Awards at ODC 2020
- PITTSBURGH, Jan. 14, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of optoelectronic devices and micro-optics, today announced that it was twice recognized at a recent industry awards ceremony in China.
- 01/14/2021
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II-VI Incorporated Pledges $1,000,000 In Connection with Its ESG Initiatives to Fund STEM Educational and Research Programs
- PITTSBURGH, Jan. 12, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it will contribute $1,000,000 in unrestricted funds during 2021 to support the goals of the II-VI Foundation, a 501(c)(3) charitable organization, and in connection with its environmental, social, and governance (ESG) initiatives. The mission of the II-VI Foundation is to encourage and enable students to pursue careers in science, technology, engineering, and mathematics (STEM) while maintaining a standard of excellence in that pursuit. The private foundation's two primary programs are block gifts for graduate students and undergraduate student scholarships.
- 01/12/2021
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Applied Materials, II-VI Are BofA's Favorite Semiconductor Plays For 2021
- Tech stocks are poised to outperform yet again as the industry sees accelerating growth, according to an analyst at BofA Securities. Factors Favoring The Outperformance: The semiconductor industry will see an accelerating compounded annual growth rate of 8% from the calendar year 2020 through 2022, compared to the 2% growth of the past three years, analyst Vivek Arya said in a note.
- 01/11/2021
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II-VI Incorporated to Present at the 23rd Annual Needham Growth Conference
- PITTSBURGH, Jan. 08, 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:
- 01/08/2021
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II-VI Incorporated to Present at 19th Annual J.P. Morgan Tech/Auto Forum during the 2021 International CES
- PITTSBURGH, Jan. 07, 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:
- 01/07/2021
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Here's Why Momentum Investors Will Love II-VI (IIVI)
- Does II-VI (IIVI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/01/2021
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Coherent and II-VI to Jointly Supply Turnkey Automotive and Electrification Welding Solutions
- SANTA CLARA, Calif., Dec. 16, 2020 /PRNewswire/ -- Coherent (Nasdaq: COHR), and II–VI Incorporated (Nasdaq: IIVI) today announced that they have entered into a supply agreement creating a collaboration to enable faster process development and streamlined production services for automotive...
- 12/16/2020
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II-VI Incorporated to Present at MKM Partners Virtual Conference
- PITTSBURGH, Dec. 10, 2020 (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:
- 12/10/2020
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II-VI Incorporated POLS Platform Wins ECOC 2020 Data Center Innovation/Best Product Award
- PITTSBURGH, Dec. 09, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical components, modules, and subsystems, today announced that its pluggable optical line subsystem (POLS) platform has won the ECOC 2020 Industry Award in the Data Center Innovation/Best Product category.
- 12/09/2020
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II-VI Incorporated to Present at 2020 Raymond James Technology Investors Conference
- PITTSBURGH, Dec. 04, 2020 (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:
- 12/04/2020
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II-VI: Inside Out
- II-VI Inc. has beaten EPS estimates for three quarters in a row, and all analysts are bullish on its 2021 prospects. I too am bullish on the company's prospects, despite its humongous goodwill and intangible assets. It has started generating healthy operating cash flows, a good sign.
- 12/04/2020
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II-VI Incorporated to Present at ECOC Market Focus 2020
- PITTSBURGH, Dec. 02, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical communications solutions for datacom and telecom networks, today announced that Dr. Sanjai Parthasarathi, Chief Marketing Officer, will be an invited speaker at ECOC, the annual European Conference on Optical Communications. The presentation will take place virtually during the Market Focus event on December 8 at 6:20 p.m. CET.
- 12/02/2020
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II-VI: Leading Materials And Optoelectronics Play With Strong Upside
- II-VI is a leading engineered materials and optoelectronics manufacturer with a strong blue chip customer base. With the recent Finisar acquisition alongside strong tailwinds from 5G and 3D sensing, there is a significant room for upside.
- 11/25/2020
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II-VI Incorporated to Present at the Needham Virtual Security, Networking, and Communications Conference
- PITTSBURGH, Nov. 11, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will participate in the following event:
- 11/11/2020
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Coherent, Inc. (COHR) CEO Andy Mattes on Q4 2020 Results - Earnings Call Transcript
- Coherent, Inc. (COHR) CEO Andy Mattes on Q4 2020 Results - Earnings Call Transcript
- 11/10/2020
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Coherent (COHR) Q4 Earnings and Revenues Surpass Estimates
- Coherent (COHR) delivered earnings and revenue surprises of 20.24% and 1.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 11/10/2020
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Coherent, Inc. (COHR) CEO Andy Mattes On Q4 2020 Results - Quick Version Earnings Call Transcript
- Coherent, Inc. (COHR) CEO Andy Mattes On Q4 2020 Results - Quick Version Earnings Call Transcript
- 11/10/2020
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Preview: Coherent's Earnings
- On Tuesday, November 10, Coherent (NASDAQ:COHR) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
- 11/09/2020
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Stocks Power Higher; Yeti, II-VI, Palantir Join Breakout Ranks
- The Nasdaq surged for the 3rd straight session Wednesday, and the session yielded many breakouts. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 11/05/2020
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Why II-VI Stock Is Skyrocketing Today
- The optoelectronics specialist reported strong quarterly results.
- 11/05/2020
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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q1 2021 Results - Earnings Call Transcript
- II-VI Incorporated (IIVI) CEO Chuck Mattera on Q1 2021 Results - Earnings Call Transcript
- 11/05/2020
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II-VI: Q1 Earnings Insights
- Shares of II-VI (NASDAQ:IIVI) moved higher by 3.2% in pre-market trading after the company reported Q1 results.
- 11/05/2020
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II-VI Incorporated Reports Fiscal 2021 First Quarter Results
- PITTSBURGH, Nov. 05, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 first quarter ended September 30, 2020.
- 11/05/2020
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7 Stocks That Look Like Great Buyout Targets
- Companies are always seeking growth through mergers and acquisitions, so investors could pick buyout stocks before the market does. The post 7 Stocks That Look Like Great Buyout Targets appeared first on InvestorPlace.
- 11/04/2020
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II-VI Incorporated Wins Fujitsu Supplier Award for Optical Modules
- PITTSBURGH, Oct. 27, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the 2019 Supplier Award for Optical Modules from Fujitsu Limited (TYO: 6702).
- 10/27/2020
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II-VI Incorporated Announces Availability of Full Product Line of High-Power Semiconductor Lasers on 6-inch GaAs Platform
- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced that its full product line of high-power semiconductor
- 10/22/2020
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Don't Get Snowed In By The Hype For Snowflake (NYSE:SNOW)
- Investors with fiduciary responsibilities should pause before following the Oracle of Omaha into Snowflake now.
- 10/22/2020
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Laser Welding Machine Market to Reach Value of USD 246.50 million by 2024, AMADA HOLDINGS Co. Ltd. and Coherent Inc. Emerge as a Key Contributors to Growth | Technavio
- The Global Laser Welding Machine Market will grow by USD 246.50 mn during 2020-2024
- 10/21/2020
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Worldwide Bicycle Infotainment System Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
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Global Gallium Arsenide Components Market will Showcase Negative Impact During 2020-2024 | Increased Demand for Data to Boost Market Growth | Technavio
- The Global Gallium Arsenide Components Market will grow by USD 2.38 bn during 2020-2024
- 10/16/2020
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Local Austin company, Coherent Logix, supports the rollout of ATSC 3.0 (NextGen TV)
- Local Austin company, Coherent Logix, supports the rollout of ATSC 3.0 (NextGen TV)
AUSTIN, TEXAS –– October 8, 2020 –– Coherent Logix’s NextGen TV has been
- 10/08/2020
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Global Laser Cutting Machine Market Analysis with COVID-19 Recovery Plan and Strategies for the Industrials Sector | Technavio
- The Global Laser Cutting Machine Market will grow by $ 1.02 bn during 2020-2024
- 09/28/2020
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Zacks: Analysts Expect II-VI, Inc. (NASDAQ:IIVI) Will Announce Quarterly Sales of $729.25 Million
- Wall Street brokerages forecast that II-VI, Inc. (NASDAQ:IIVI) will announce $729.25 million in sales for the current quarter, according to Zacks. Six analysts have provided estimates for II-VI’s earnings, with the lowest sales estimate coming in at $725.00 million and the highest estimate coming in at $739.90 million. II-VI posted sales of $340.41 million during […]
- 09/24/2020
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MadaLuxe Group Launches Investment Arm, SLS Journey, Led by Co-founder Sandy Sholl
- MadaLuxe Group, North America’s leading distributor of luxury fashion, announced today that it has launched an investment arm led by the group’s co-fo
- 09/24/2020
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Better Buy: Lumentum vs. IIVI | The Motley Fool
- Industrial lasers have an exciting future, even if 2020 is a total drag.
- 09/23/2020
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II-VI Seeing Expanding Opportunities And Shrinking Valuations On Optical Sector Worries (NASDAQ:IIVI)
- II-VI shares have been weak despite a respectable FYQ4 and guidance, with investors increasingly worried about near-term trends in metro optical and high-end data center deployments.
- 09/23/2020
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Laser Cladding Equipment Market- Roadmap for Recovery From COVID-19 | Declining Cost of Laser Systems to Boost the Market Growth | Technavio
- The Global Laser Cladding Equipment Market will grow by USD 18.19 mn during 2020-2024
- 09/23/2020
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California State Teachers Retirement System Sells 1,464 Shares of II-VI, Inc. (NASDAQ:IIVI)
- California State Teachers Retirement System lessened its position in shares of II-VI, Inc. (NASDAQ:IIVI) by 1.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 135,867 shares of the scientific and technical instruments company’s stock after selling 1,464 shares during the quarter. California State Teachers Retirement System owned […]
- 09/22/2020
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577 Shares in II-VI, Inc. (NASDAQ:IIVI) Bought by Point72 Hong Kong Ltd
- Point72 Hong Kong Ltd bought a new position in shares of II-VI, Inc. (NASDAQ:IIVI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 577 shares of the scientific and technical instruments company’s stock, valued at approximately $27,000. Other hedge funds have also made changes to their positions […]
- 09/19/2020
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Vanguard Group Inc. Has $401.17 Million Holdings in II-VI, Inc. (NASDAQ:IIVI)
- Vanguard Group Inc. boosted its holdings in II-VI, Inc. (NASDAQ:IIVI) by 0.5% during the second quarter, Holdings Channel reports. The fund owned 8,495,682 shares of the scientific and technical instruments company’s stock after purchasing an additional 41,696 shares during the period. Vanguard Group Inc. owned approximately 0.09% of II-VI worth $401,166,000 as of its most […]
- 09/17/2020
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Federated Hermes Inc. Boosts Stock Position in II-VI, Inc. (NASDAQ:IIVI)
- Federated Hermes Inc. increased its stake in shares of II-VI, Inc. (NASDAQ:IIVI) by 4.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,608 shares of the scientific and technical instruments company’s stock after purchasing an additional 712 shares during […]
- 09/17/2020
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Outlook on the VCSEL for Data Communication Global Market to 2027 - Featuring Bandwidth10, Broadcom & Hamamatsu Photonics Among Others - ResearchAndMarkets.com
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Insights on the Fiber Optic Global Market to 2027 - by Type, Data Rate & Application - ResearchAndMarkets.com
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II-VI (IIVI) Receives a Hold from Raymond James - Markets
- Raymond James analyst Simon Leopold maintained a Hold rating on II-VI (IIVI – Research Report) today. The company’s shares closed
- 08/25/2020
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Insights on the Global Cosmetic Surgery Market to 2024 - Featuring AbbVie, Alma Lasers & Cynosure Among Others - ResearchAndMarkets.com
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Barron’s Stock Pick: Synaptics’ Makeover Could Lead to Dramatic Growth
- Synaptics CEO Michael Hurlston has reorganized and rightsized the company in his first year on the job. Wall Street is starting to notice.
- 08/22/2020
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Barron’s Stock Pick: Synaptics’ Makeover Could Lead to Dramatic Growth
- Synaptics CEO Michael Hurlston has reorganized and rightsized the company in his first year on the job. Wall Street is starting to notice.
- 08/22/2020
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II-VI (NASDAQ:IIVI) Shareholders Have Enjoyed An Impressive 162% Share Price Gain
- The II-VI Incorporated (NASDAQ:IIVI) share price has had a bad week, falling 15%. But that scarcely detracts from the...
- 08/19/2020
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Applied Materials: Tailwinds In Semiconductor - Headwinds In Display
- Semiconductor equipment revenues grew +12.0% in 2Q 2020 over 1Q 2020. This compares to -13.0% QoQ in Q1 2020 over Q4 2019.
- 08/19/2020
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Bear of the Day: Coherent (COHR)
- Bear of the Day: Coherent (COHR)
- 08/18/2020
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II-VI (IIVI) Q4 2020 Earnings Call Transcript
- IIVI earnings call for the period ending June 30, 2020.
- 08/14/2020
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II-VI to Buy Ascatron & INNOViON for SiC Technology Platform
- II-VI's (IIVI) buyout of Ascatron and INNOViON will allow it to create a world-leading, vertically integrated 150-mm SiC technology platform.
- 08/14/2020
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II-VI Incorporated 2020 Q4 - Results - Earnings Call Presentation
- The following slide deck was published by II-VI Incorporated in conjunction with their 2020 Q4 earnings call.
- 08/14/2020
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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q4 2020 Results - Earnings Call Transcript
- II-VI Incorporated (NASDAQ:IIVI) Q4 2020 Earnings Conference Call August 13, 2020, 09:00 AM ET Company Participants Mary Jane Raymond - Chief Financial Officer Chuck Mattera - Chief Executive Officer Giovanni Barbarossa - Chief Strategy Officer and President of Compound Semiconductor Segment Conference Call Participants Meta Marshall - Morgan Stanley Samik Chatterjee - JPMorgan Tom Diffely - D.
- 08/13/2020
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II-VI (IIVI) Surpasses Q4 Earnings and Revenue Estimates
- II-VI (IIVI) delivered earnings and revenue surprises of 51.28% and 3.71%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/13/2020
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Dow Jones Today, Futures Backtrack As Cisco Systems Dives
- Tesla led the Nasdaq, Cisco Systems dragged on the S&P 500 and the Dow Jones today, as stock futures pulled back after Wednesday's rally.
- 08/13/2020
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II-VI: Q4 Earnings Insights
- Shares of II-VI (NASDAQ:IIVI) rose 2% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share increased 76.12% year over year to $1.18, which beat the estimate of $0.76.Revenue of $746,290,000 up by 105.74% from the same period last year, which beat the estimate of $712,340,000.Guidance Q1 EPS expected between $0.45 and $0.60.Q1 revenue expected to be between $700,000,000 and $750,000,000.Details Of The Call Date: Aug 13, 2020View more earnings on IIVITime: 09:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/nkmoa3brRecent Stock Performance Company's 52-week high was at $52.97Company's 52-week low was at $19.00Price action over last quarter: Up 19.73%Company Description II-VI Inc manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in three segments: laser solutions, photonics, and performance products. The photonics segment contributes the largest proportion of revenue and manufactures customized optics and optical components. The laser solutions segment manufactures high-power lasers, laser diodes, laser material processing tools, and infrared optics. The performance products segment manufactures optical systems, thermoelectric modules, and products for semiconductor, defense, and industrial companies. II-VI generates the majority of its revenue outside the United States.See more from Benzinga * Earnings Scheduled For August 13, 2020 * Earnings Outlook For II-VI * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/13/2020
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II-VI Incorporated Reports Fiscal 2020 Fourth Quarter and Full Year Results
- * Achieves Record Quarterly Revenues of $746.2M and Backlog of $957M * Quarterly GAAP Operating Income of $67.4M and Non-GAAP Operating Income of $124.6M * Quarterly GAAP EPS of $0.53 and Non-GAAP EPS of $1.18 * Record Full Year Cash Flow from Operations of $297.3M * Record Full Year Free Cash1 Flow of $160.4M * The Company’s early July FY21 equity raise improved its net debt leverage ratio2 from 3.8 to 2.0PITTSBURGH, Aug. 13, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2020 fourth quarter and fiscal year ended June 30, 2020.“In the fourth quarter, we remained and continue to remain vigilant and steadfast in ensuring the health and safety of our global workforce while striving to meet our customers' growing expectations despite the continuation and acceleration of COVID-19. We also made great progress against our key business initiatives. The power of our vertically integrated and geographically diverse footprint and business model, allowed our employees to deliver exceptional results, including record revenues and backlog,” said Dr. Vincent D. (Chuck) Mattera, Jr. “I am very pleased with the Finisar integration which continues ahead of expectations, as we accelerated our component strategy and are on track to exceed our first year synergy cost savings goals. Demand in the 3D-Sensing and communications market remains strong as the digital transformation continues, led by continued growth of 5G deployment and network infrastructure upgrades.”Dr. Mattera continued, “Our financial fundamentals are strong. We achieved record cash flow from operations, undertook a very successful equity raise and delivered free cash flow at about $150M above the acquisition business case. Our cash balance now stands at $493M, an increase of $105M from the previous quarter, and our post-equity raise leverage ratio2 is approximately 2.0, down from 3.8 at March 31, 2020. Our backlog of just under $1.0B provides us with significant momentum as we enter fiscal year 2021.”1 Free cash flow of $160.4M is defined as cash flow from operations of $297.3M less capital expenditures of $136.9M. 2 Reflects the July 2020 activity in which the Company used the net proceeds from the July 2020 equity raise to repay the remaining balance of $715 million under the Company’s Term B Loan Facility. The net debt leverage ratio is calculated in accordance with the terms of the Credit Agreement.Table 1 Financial Metrics $ Millions, except per share amounts and % (Unaudited) Three Months Ended Year Ended Jun 30, Mar 31, Jun 30, Jun 30, Jun 30, 2020 2020 2019 2020 2019 Revenues $746.2 $627.0 $362.7 $2,380.0 $1,362.4 GAAP Gross Profit $302.2 $245.9 $138.7 $819.6 $521.3 Non-GAAP Gross Profit (2) $315.7 $235.5 $139.5 $912.4 $524.5 GAAP Operating Income (Loss) (1) $67.4 $69.0 $40.7 $39.5 $148.7 Non-GAAP Operating Income (2) $124.6 $81.6 $56.9 $324.8 $209.7 GAAP Net Earnings (Loss) $51.3 $5.9 $28.0 $(67.0) $107.5 Non-GAAP Net Earnings (2) $117.8 $39.2 $42.6 $258.6 $158.2 GAAP Diluted Earnings (Loss) Per Share $0.53 $0.06 $0.43 $(0.79) $1.63 Non-GAAP Diluted Earnings Per Share (2) $1.18 $0.42 $0.65 $2.85 $2.40 Other Selected Financial Metrics GAAP Gross margin 40.5% 39.2% 38.2% 34.4% 38.3% Non-GAAP gross margin (2) 42.3% 37.6% 38.5% 38.3% 38.5% GAAP Operating margin 9.0% 11.0% 11.2% 1.7% 10.9% Non-GAAP operating margin (2) 16.7% 13.0% 15.7% 13.6% 15.4% GAAP Return on sales 6.9% 0.9% 7.7% -2.8% 7.9% Non-GAAP return on sales (2) 15.8% 6.3% 11.7% 10.9% 11.6% (1) GAAP Operating income (loss) is defined as earnings (loss) before income taxes, interest expense and other expense or income, net.(2) All non-GAAP amounts exclude certain adjustments for share-based compensation, acquired intangible amortization expense, certain one-time transaction expenses, fair value measurement period adjustments and restructuring and related items. See Table 4 for the Reconciliation of GAAP measures to non-GAAP measures.OutlookThe outlook for the first fiscal 2021 quarter ending September 30, 2020 is revenue of $700 million to $750 million and earnings per diluted share on a non-GAAP basis of $0.45 to $0.60. These are at today’s exchange rate and today’s estimated tax impact of 25%, both of which are subject to variability. The non-GAAP earnings per share include the pre-tax amounts of $20.6 million in amortization, $20.3 million in share-based compensation, $23.6 million in debt extinguishment costs related to our July 2020 equity raise, and $5.0 million in other costs, including costs to facilitate the integration. Non-GAAP adjustments are by their nature highly volatile and we have low visibility as to the range that may be incurred in the future.Conference Call & Webcast InformationThe Company will host a conference call at 9:00 a.m. Eastern Time on Thursday, August 13, 2020 to discuss these results. Individuals wishing to participate in the webcast can access the event at the Company’s web site by visiting www.ii-vi.com or via https://tinyurl.com/IIVIQ4FY20Earnings. If you wish to participate in the conference call, please dial +1 (877) 316-5288 for calls from the U.S. and +1 (734) 385-4977 for calls from outside the U.S. To join the conference call, please enter ID 1259279, then provide your name and company affiliation.The conference call will be recorded, and a replay will be available to interested parties who are unable to attend the live call. This service will be available until 11:59 p.m. Eastern Time on Friday, August 14, 2020, by dialing +1 (855) 859-2056 for calls from the U.S. and +1 (404) 537-3406 for calls from outside the U.S., and entering ID 1259279. About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in communications, materials processing, aerospace & defense, semiconductor capital equipment, life sciences, consumer electronics, and automotive markets. Headquartered in Saxonburg, Pennsylvania, U.S.A., the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.Forward-looking StatementsThis press release contains forward-looking statements relating to future events and expectations that are based on certain assumptions and contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results, performance or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures.The Company believes that all forward-looking statements made by it in this release have a reasonable basis, but there can be no assurance that management’s expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this press release include, but are not limited to: (i) the failure of any one or more of the assumptions stated above to prove to be correct; (ii) the risks relating to forward-looking statements and other “Risk Factors” discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019 and the Company’s Quarterly Reports on Form 10-Q for the quarterly periods ended September 30, 2019, December 31, 2019 and March 31, 2020; (iii) the purchasing patterns of customers and end-users; (iv) the timely release of new products, and acceptance of such new products by the market; (v) the introduction of new products by competitors and other competitive responses; (vi) the Company’s ability to assimilate recently acquired businesses, and risks, costs and uncertainties associated with such acquisitions; (vii) the Company’s ability to devise and execute strategies to respond to market conditions; and/or (viii) the risks of business and economic disruption related to the currently ongoing COVID-19 outbreak and any other worldwide health epidemics and outbreaks that may arise. The Company disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events or developments, or otherwise.Use of Non-GAAP Financial MeasuresThe Company has disclosed financial measurements in this press release that present financial information considered to be non-GAAP financial measures. These measurements are not a substitute for GAAP measurements, although the Company's management uses these measurements as an aid in monitoring the Company's on-going financial performance.
- 08/13/2020
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II-VI Incorporated to Acquire Ascatron and Outstanding Interests in INNOViON for Vertically Integrated Silicon Carbide Power Electronics Technology Platform
- * Ascatron AB - Kista, Sweden: Silicon carbide (SiC) epitaxial wafers and devices for power electronics * INNOViON Corporation - Colorado Springs, CO, U.S.: Ion implantation technology and services for semiconductor devices * Transactions expected to close by the end of calendar year 2020 * Acquisitions complement the technology licensed from General Electric (NYSE: GE) to manufacture SiC devices and modules for power electronicsPITTSBURGH, Aug. 12, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it has entered into a definitive agreement to acquire all the outstanding shares of Ascatron AB, a leader in silicon carbide (SiC) epitaxial wafers and devices for power electronics. II-VI also announced that it will acquire all the outstanding interests of the owners of the parent of INNOViON Corporation, a leader in ion implantation technology for silicon and compound semiconductor devices. Both transactions are scheduled to close by the end of calendar year 2020. Ascatron produces state-of-the-art SiC epitaxial wafers and devices that enable a wide range of high-voltage power electronics applications. Ascatron is led by a team of experts in wide-bandgap materials with more than 200 person-years in the SiC and semiconductor industry, bringing world-class competence to SiC development and production processes.INNOViON is the largest provider of ion implantation services in the world, with 30 implanters across a global footprint that support unique capabilities in semiconductor materials processing for up to 300 mm wafers. INNOViON’s processes enable doping in a wide range of semiconductors, including silicon carbide, gallium arsenide, indium phosphide, and silicon, to produce advanced devices.“The technology platforms of Ascatron and INNOViON are best in class and a perfect complement to our market-leading SiC substrates, our global large-scale wafer fabrication footprint, and the SiC device technology we recently licensed from GE,” said Dr. Vincent D. Mattera, Jr., Chief Executive Officer, II-VI Incorporated. “While we continue to serve our existing customers with our advanced materials and components, we will combine these capabilities to achieve one of the world’s most advanced, in-house, vertically integrated 150 mm SiC technology platforms. This builds upon our deep expertise in SiC substrates and adds advanced SiC epitaxy, device fabrication, and module design to meet the rapidly growing demand for SiC power electronics.”SiC represents a disruptive technology in power electronics with its differentiated advantages that are pivotal to electric vehicles, renewable energy, microgrids, and power supplies for data storage and communications. SiC achieves superior efficiency, higher energy density, and lower total system-level cost of ownership compared with state-of-the-art silicon-based devices. Power electronics based on SiC have demonstrated their potential to have a highly beneficial impact on the environment via significant reductions in carbon dioxide emissions and energy consumption.As a part of its vertical integration strategy, II-VI is leveraging its broad engineered materials and optoelectronic device technology platforms, as well as its manufacturing capabilities around the globe, to drive scale and innovation through the development of high-performance compound semiconductor devices. About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in communications, materials processing, aerospace & defense, semiconductor capital equipment, life sciences, consumer electronics, and automotive markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.CONTACT: Mark Lourie Vice President, Corporate Communications corporate.communications@ii-vi.com www.ii-vi.com/contact-us
- 08/12/2020
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Earnings Outlook For II-VI
- II-VI (NASDAQ: IIVI) announces its next round of earnings this Thursday, August 13. Here is Benzinga's everything-that-matters guide for this Thursday's Q4earnings announcement.Earnings and Revenue II-VI EPS is expected to be around $0.76, according to sell-side analysts. Sales will likely be near $712.34 million. In the same quarter last year, II-VI reported earnings per share of $0.67 on revenue of $362.73 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 13.43%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019 EPS Estimate 0.14 0.36 0.60 0.66 EPS Actual 0.47 0.36 0.57 0.67 Revenue Estimate 575.36 M 610.28 M 335.31 M 348.35 M Revenue Actual 627.04 M 666.33 M 340.41 M 362.73 M Stock Performance Over the last 52-week period, shares are up 38.22%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.View more earnings on IIVIDon't be surprised to see the stock move on comments made during its conference call. II-VI is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/nkmoa3brSee more from Benzinga * Stocks That Hit 52-Week Highs On Wednesday * Stocks That Hit 52-Week Highs On Tuesday * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/12/2020
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II-VI (IIVI) to Report Q4 Earnings: What's in the Offing?
- II-VI's (IIVI) Q4 earnings are likely to have gained from the solid product demand across key end markets, the Finisar buyout and its strong sales channels, particularly in the transceiver market.
- 08/11/2020
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Janney Montgomery Scott LLC Acquires Shares of 6,802 II-VI, Inc. (NASDAQ:IIVI)
- Janney Montgomery Scott LLC bought a new position in II-VI, Inc. (NASDAQ:IIVI) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 6,802 shares of the scientific and technical instruments company’s stock, valued at approximately $321,000. Several other hedge funds and other institutional investors also recently […]
- 08/11/2020
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Why Coherent, Inc. (NASDAQ:COHR) Could Be Worth Watching
- Coherent, Inc. (NASDAQ:COHR), might not be a large cap stock, but it received a lot of attention from a substantial...
- 08/07/2020
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II-VI Incorporated’s WaveShaper and WaveAnalyzer Enable Field Testing of Windstream’s First 800G Live Network Trial
- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical test and measurement equipment, today announced that its WaveShaper® and WaveAnalyzer™
- 08/06/2020
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II-VI Incorporated’s WaveShaper and WaveAnalyzer Enable Field Testing of Windstream’s First 800G Live Network Trial
- PITTSBURGH, Aug. 06, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical test and measurement equipment, today announced that its WaveShaper® and WaveAnalyzer™ instruments played a key role in enabling field testing of the first live network trial of 800 Gbps transmission on a single channel at Windstream, a leading provider of advanced network communications. Network operators are increasingly planning to deploy 800 Gbps transmission technology, driving the demand for portable test and measurement instruments with advanced capabilities. II-VI’s WaveAnalyzer can resolve the optical spectrum to 180 MHz, which is up to 20 times better than other commercially available spectrum analyzers, to accurately determine the spectral shape and modulation format of 800 Gbps signals. II-VI’s WaveShaper, a one-of-a-kind instrument on the market, can be easily programmed to simulate realistic optical network configurations. This unique capability can be leveraged to analyze a wide range of scenarios, including the cumulative impairment effects on 800 Gbps signals that result from transmitting through a series of reconfigurable optical add-drop multiplexer (ROADM) systems.“The high resolution, advanced features, and compact size of the WaveShaper and WaveAnalyzer enable realistic transmission stress testing both in the lab and in the field,” said Kim Papakos, Senior Network Architect, Windstream. “With the additional benefits of simultaneous multi-user access, a friendly user interface, and powerful post-processing capabilities, these instruments are an ideal solution for our upcoming 800G deployments.”“The high spectral density of multicarrier signals at 800G and beyond present a significant challenge for ordinary test equipment,” said Dr. Sanjai Parthasarathi, Chief Marketing Officer, II-VI Incorporated. “We are collaborating closely with telecom carriers such as Windstream to define and perfect new software features that will enable their next-generation optical networks.”II-VI’s WaveAnalyzer and WaveShaper instruments integrate a web server that supports both a graphical user interface (GUI) and an application programming interface (API). Their compact size enables them to be easily hand-carried to remote network sites for system turn-up and maintenance tasks.About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in communications, materials processing, aerospace & defense, semiconductor capital equipment, life sciences, consumer electronics, and automotive markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.CONTACT: Mark Lourie Vice President, Corporate Communications corporate.communications@ii-vi.com www.ii-vi.com/contact-us
- 08/06/2020
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II-VI (IIVI) Earnings Expected to Grow: Should You Buy?
- II-VI (IIVI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 08/06/2020
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Coherent Inc (COHR) Q3 2020 Earnings Call Transcript
- Welcome to today's conference call to discuss Coherent's results from its third fiscal quarter, ended July 4, 2020. All of us here at Coherent, hope that you and your family are staying healthy and safe during these challenging times. On the call with me are Andy Mattes, our President and Chief Executive Officer; and Kevin Palatnik, our Executive Vice President and Chief Financial Officer.
- 08/05/2020
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Coherent (COHR) Q3 Earnings and Revenues Top Estimates
- Coherent (COHR) delivered earnings and revenue surprises of 300.00% and 5.47%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2020
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Coherent, Inc. Reports Third Fiscal Quarter Results
- Coherent, Inc. (NASDAQ: COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its third fiscal quarter ended July 4, 2020.
- 08/04/2020
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New Preferred Stock IPOs, July 2020
- Five new preferred stocks were introduced during July offering an average annual coupon of 7.2 percent.
- 08/04/2020
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US Manufacturing Activity Hits 15-Month High in July: 5 Picks
- Here are five stocks that are poised to grow on expansion in U.S. manufacturing activities.
- 08/04/2020
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Coherent Announces Executive Leadership Changes
- Coherent's (NASDAQ: COHR) President and Chief Executive Officer, Andy Mattes, today announced significant updates to the company's senior leadership team. Mark Sobey EVP & Chief Operating Officer, now oversees both the ILS and OLS business units under his leadership to increase operational best practices sharing and create efficiencies. In addition Coherent announced the appointment of its first Chief Marketing Officer.
- 08/03/2020
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Lumentum Stock Gains Ahead Of Earnings Amid Apple Market Share Battle
- Lumentum stock has neared an entry point ahead of its fiscal fourth-quarter earnings report. The big debate on Lumentum stock involves its Apple market share battle with II-VI.
- 08/03/2020
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Earnings Outlook For Coherent
- Coherent (NASDAQ: COHR) will be releasing its next round of earnings this Tuesday, August 04. For all of the relevant information, here is your guide for Tuesday's Q3 earnings announcement.Earnings and Revenue Wall Street expects EPS of $0.21 and sales around $287.69 million.In the same quarter last year, Coherent reported EPS of $1.330 on revenue of $339.17 million. The Wall Street estimate would represent a 84.21% decline in the company's earnings. Sales would be down 6.01% from the same quarter last year. Coherent's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019 EPS Estimate 0.52 0.77 0.98 1.34 EPS Actual 0.61 0.86 0.89 1.33 Revenue Estimate 306.08 M 318.23 M 330.02 M 348.52 M Revenue Actual 293.15 M 320.77 M 335.46 M 339.17 M Stock Performance Over the last 52-week period, shares are up 11.9%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.View more earnings on COHRDon't be surprised to see the stock move on comments made during its conference call. Coherent is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/2084/35541See more from Benzinga * Cooper-Standard Holdings's Earnings Outlook * Earnings Preview for FMC * Earnings Outlook for Fidelity National Finl(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/03/2020
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Earnings Estimates Rising for II-VI (IIVI): Will It Gain?
- II-VI (IIVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 07/30/2020
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II-VI Incorporated to be Featured on Cowen’s Networking Leaders, Legends, Luminaries, and Visionaries: Fireside Chat Series
- PITTSBURGH, July 29, 2020 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will participate in the following event: Cowen and Company’s “Networking Leaders, Legends, Luminaries, and Visionaries: Fireside Chat Series” * Date: Monday, August 3, 2020 * Time: 11:00 a.m. EDT * Place: VirtualParticipants * Dr. Chuck Mattera, Chief Executive Officer, II-VI * Dr. Giovanni Barbarossa, Chief Strategy Officer, II-VI, and President, Compound SemiconductorsA real-time audiocast of the discussion can be accessed via the Investors section of the II-VI website at https://www.ii-vi.com/investors-events/.About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in communications, materials processing, aerospace & defense, semiconductor capital equipment, life sciences, consumer electronics, and automotive markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.CONTACT: Mark Lourie Vice President, Corporate Communications corporate.communications@ii-vi.com www.ii-vi.com/contact-us
- 07/29/2020
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Analysts Estimate Coherent (COHR) to Report a Decline in Earnings: What to Look Out for
- Coherent (COHR) 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.
- 07/28/2020
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Did Hedge Funds Make The Right Call On II-VI, Inc. (IIVI) ?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/28/2020
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II-VI Incorporated to Webcast FY 2020 Fourth-Quarter Conference Call
- PITTSBURGH, July 28, 2020 (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 Thursday, August 13, 2020, 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 Giovanni Barbarossa, Chief Strategy Officer and Compound Semiconductor President. The fourth-quarter results will be released before the market opens on Thursday, August 13, 2020, and will be posted on the Company’s website at www.ii-vi.com/investor-relations.Webcast URL:Individuals wishing to participate in the webcast can access the event at the Company’s website by visiting www.ii-vi.com or via https://tinyurl.com/IIVIQ4FY20Earnings.To join the call and replay:If you wish to participate in the call, please dial (877) 316-5288 for U.S. calls and (734) 385-4977 for international calls. When you call, please enter ID number 1259279 and provide your name and company affiliation.The call will be recorded, and a replay will be available to interested parties who are unable to attend the live event. This service will be available up to 11:59 p.m. EDT on Friday, August 14, 2020, by dialing (855) 859-2056 for U.S. calls and (404) 537-3406 for international calls and entering the ID number 1259279.About II-VI IncorporatedThis press release contains forward-looking statements relating to future events and expectations that are based on certain assumptions and contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results, performance or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures.The Company believes that all forward-looking statements made by it in this release have a reasonable basis, but there can be no assurance that management’s expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this press release include, but are not limited to: (i) the failure of any one or more of the assumptions stated above to prove to be correct; (ii) the risks relating to forward-looking statements and other “Risk Factors” discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019, the Company’s Quarterly Reports on Form 10-Q for the quarterly periods ended September 30, 2019, December 31, 2019, and March 31, 2020, and the preliminary prospectus supplement filed with the SEC on June 30, 2020, in respect to the common stock offering and the preliminary prospectus supplement filed with the SEC on June 30, 2020, in respect to the preferred stock offering; (iii) the purchasing patterns of customers and end users; (iv) the timely release of new products and acceptance of such new products by the market; (v) the introduction of new products by competitors and other competitive responses; (vi) the Company’s ability to assimilate recently acquired businesses, and risks, costs, and uncertainties associated with such acquisitions; (vii) the Company’s ability to devise and execute strategies to respond to market conditions; and/or (viii) the risks of business and economic disruption related to the currently ongoing COVID-19 outbreak and any other worldwide health epidemics and outbreaks that may arise. The Company disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events or developments, or otherwise.CONTACT:Mary Jane Raymond Chief Financial Officer investor.relations@ii-vi.com www.ii-vi.com/contact-us
- 07/28/2020
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II-VI Incorporated Wins Strategic Supplier Award from Shenzhen Xinghan Laser Technology
- PITTSBURGH, July 27, 2020 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in high-power semiconductor lasers, today announced that it has won the Strategic Supplier Award from Shenzhen Xinghan Laser Technology Co. Ltd. The award was presented in recognition of II-VI’s outstanding performance as a supplier of high-power laser diode chips for Xinghan’s fiber-coupled pump laser modules. The presentation took place at LASER World of Photonics China 2020, held July 3-5 in Shanghai.“II-VI continues to be a strategic supplier of high-power laser diode chips with a strong record of technical innovation, quality, and delivery performance,” said Shaofeng Zhou, CEO and President of Shenzhen Xinghan Laser Technology. “We look forward to growing our relationship with II-VI by leveraging its portfolio of high-power laser components, one of the most complete in the industry.”“Xinghan’s award is an honor and a strong recognition of II-VI’s ability to deliver high-power semiconductor laser chips with high quality and at scale,” said Dr. Karlheinz Gulden, Senior Vice President, Laser Devices and Systems Business Unit. “II-VI’s laser diodes’ output power is market-leading and enables industrial laser designs with fewer pump modules, which lowers the cost of cutting, welding, brazing, and laser additive manufacturing.”II-VI’s pump laser diodes are offered as bare dies and mounted chips. II-VI’s broad portfolio of components for industrial lasers includes seed lasers, acousto-optic modulators, fiber Bragg gratings, kilowatt pump and signal combiners, as well as IBS-coated laser optics and micro-optics for high-power isolators.About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.CONTACT: Mark Lourie Vice President, Corporate Communications corporate.communications@ii-vi.com www.ii-vi.com/contact-us
- 07/27/2020
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COVID-19 Impact & Recovery Analysis- Fiber Laser Market (2020-2024) | Demand For Additive Manufacturing to Boost Growth | Technavio
- The Global Fiber Laser Market will grow by $ 8.33 bn during 2020-2024
- 07/27/2020
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Kistler Tiffany Companies LLC Acquires Shares of 756 II-VI, Inc. (NASDAQ:IIVI)
- Kistler Tiffany Companies LLC acquired a new stake in II-VI, Inc. (NASDAQ:IIVI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 756 shares of the scientific and technical instruments company’s stock, valued at approximately $36,000. Several other hedge funds and other institutional investors have […]
- 07/22/2020
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Coherent, Inc. Announces Live Webcast of Third Quarter Fiscal Year 2020 Results
- Coherent, Inc. (Nasdaq: COHR) today announced that it plans to report third quarter fiscal year 2020 results after market close on August 4, 2020. The Company will host a conference call to discuss its financial results at 1:30 P.M. Pacific (4:30 P.M. Eastern) on August 4, 2020. A listen-only broadcast of the conference call can be accessed on Company's website at www.coherent.com/Investors. For those who are not available to listen to the live broadcast, the call will be archived for approximately three months.
- 07/21/2020
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Did Hedge Funds Make The Right Call On Coherent, Inc. (COHR)?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
- 07/17/2020
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Harel Insurance Investments & Financial Services Ltd. Invests $66,000 in II-VI, Inc. (NASDAQ:IIVI)
- Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of II-VI, Inc. (NASDAQ:IIVI) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,400 shares of the scientific and technical instruments company’s stock, valued at approximately $66,000. Other large investors have also […]
- 07/17/2020
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II-VI Sees Hammer Chart Pattern: Time to Buy?
- II-VI has been struggling lately, but the selling pressure may be coming to an end soon.
- 07/15/2020
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Laser Cladding Equipment Market Analysis Highlights the Impact of COVID-19 2020-2024 | Declining Cost of Laser Systems to boost Market Growth | Technavio
- The Global Laser Cladding Equipment Market will grow by USD 18.19 mn during 2020-2024
- 07/13/2020
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Why Shares of This 5G Tech Company Have Crushed the Market So Far in 2020
- Shares of tech company II-VI (NASDAQ: IIVI) soared 40.2% in the first half of 2020, according to data provided by S&P; Global Market Intelligence. II-VI (pronounced "two-six") manufactures high-tech devices, focusing especially on lasers and laser components. Following its merger with optical communications company Finisar in September, II-VI has focused on lasers used in communications and communications networks.
- 07/10/2020
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NASA 'destroys' oxygen tank of SLS in incredible test video
- The agency destroyed part of its Space Launch System (SLS) to see how well it would cope under the sort of forces it would experience when launching into orbit.
- 07/07/2020
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Royal Bank of Canada Boosts Position in Coherent, Inc. (NASDAQ:COHR)
- Royal Bank of Canada boosted its position in shares of Coherent, Inc. (NASDAQ:COHR) by 22.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,257 shares of the scientific and technical instruments company’s stock after acquiring an additional 6,909 shares during the quarter. […]
- 07/06/2020
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Edited Transcript of IIVI earnings conference call or presentation 1-May-18 1:00pm GMT
- Q3 2018 II-VI Inc Earnings Call
- 07/03/2020
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II-VI Prices $800M Worth Common & Preferred Stock Offerings
- II-VI (IIVI) prices its previously mentioned common and preferred share offerings. It intends on using the proceeds and cash on hand to pay down debts and fund corporate needs.
- 07/03/2020
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U.S. Manufacturing Showing Signs of Turnaround: 5 Top Picks
- Surprising many economists and financial experts, U.S. manufacturing again expanded in June despite the resurgence of COVID-19 cases in several states.
- 07/03/2020
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COVID-19 Impact & Recovery Analysis- Thermoelectric Modules Market 2020-2024 | Increased Construction Activities to Boost Growth | Technavio
- The Global Thermoelectric Modules Market will grow by $ 370 mn during 2020-2024
- 07/03/2020
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II VI Incorporated : VI INC Other Events (form 8-K/A) | MarketScreener
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II-VI Incorporated Wins Top External Provider 2019 Award from Valiant TMS
- PITTSBURGH, July 02, 2020 -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of high-power laser solutions for advanced materials processing, today announced that it has.
- 07/02/2020
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II-VI Incorporated : Wins Top External Provider 2019 Award from Valiant TMS | MarketScreener
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II-VI Incorporated Announces Pricing of Public Offerings of Common Stock and Mandatory Convertible Preferred Stock
- PITTSBURGH, July 02, 2020 -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced the pricing of concurrent.
- 07/02/2020
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II-VI Incorporated -- Moody's upgrades II-VI's CFR to Ba3 on equity offering and debt repayment; outlook stable
- Moody's Investors Service, ("Moody's") upgraded II-VI Incorporated's ("II-VI") ratings, including the Corporate Family Rating ("CFR") to Ba3 from B1 and the Senior Secured Revolver and Senior Secured Term Loan A to Ba3 from B1. The Speculative Grade Liquidity ("SGL") rating was upgraded to SGL-1 from SGL-2. The rating on the Senior Secured Term Loan B ("Term Loan B") will be withdrawn following repayment.
- 07/02/2020
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II-VI Incorporated -- Moody's upgrades II-VI's CFR to Ba3 on equity offering and debt repayment; outlook stable
- Moody's Investors Service, ("Moody's") upgraded II-VI Incorporated's ("II-VI") ratings, including the Corporate Family Rating ("CFR") to Ba3 from B1 and the Senior Secured Revolver and Senior Secured Term Loan A to Ba3 from B1. The Speculative Grade Liquidity ("SGL") rating was upgraded to SGL-1 from SGL-2. The rating on the Senior Secured Term Loan B ("Term Loan B") will be withdrawn following repayment.
- 07/01/2020
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II-VI Offers $350M Common & $400M Preferred Stocks to Public
- II-VI (IIVI) offers common and convertible preferred stocks to the public. It intends on using the funds raised to pay down debts and fund corporate needs.
- 07/01/2020
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II-VI Incorporated Extends WaveShaper Programmable Optical Processor Product Line for Operation in the S- and Extended L-Bands
- II‐VI Incorporated (IIVI), a leading provider of optical test and measurement equipment, today extended its WaveShaper® Programmable Optical Processors product line for operation in the optical communications S- and extended L-bands. Rapid advances in optical communications technologies are reaching the theoretical limits of fiber-optic capacity in the C-band, which is driving interest in extending transmission into the S- and L-bands. II-VI’s WaveShaper is a family of reconfigurable filter instruments that can be programmed to arbitrary attenuation and phase profiles over the entire S-, C-, and extended L-bands, or from 1468 nm to 1640 nm.
- 07/01/2020
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Laser Marking Equipment Market 2020-2024 | Rise in Automation to Boost Growth | Technavio
- The Global Laser Marking Equipment Market will grow by $ 795.04 mn during 2020-2024
- 07/01/2020
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NASA Plans for More SLS Solid Rocket Boosters to Launch Up to 9 Artemis Moon Missions
- NASA has taken the next steps toward building Space Launch System (SLS) solid rocket boosters to support as many as six additional flights, for a total of up to nine Artemis missions. The agency is continuing to work with Northrop Grumman of Brigham City, Utah, the current lead contractor for the so
- 06/30/2020
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Charting market cross currents, S&P 500 maintains 200-day average
- Technically speaking, the major U.S. benchmarks are poised to conclude June against an increasingly uneven, but still generally bullish, bigger-picture...
- 06/30/2020
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II-VI Incorporated Announces Proposed Public Offerings of Common Stock and Mandatory Convertible Preferred Stock
- II-VI Incorporated (IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has commenced concurrent underwritten public offerings of $350.0 million of newly issued shares of its common stock (the “common stock offering”) and of $400.0 million aggregate liquidation preference of a newly established Series A Mandatory Convertible Preferred Stock (the “preferred stock offering”). In addition, II-VI expects to grant the underwriters of the offerings a 30-day option to purchase up to an additional (a) $52.5 million of shares of its common stock at the applicable public offering price, less underwriting discounts and commissions, and (b) $60.0 million aggregate liquidation preference of its Series A Mandatory Convertible Preferred Stock at the applicable public offering price, less underwriting discounts and commissions, solely to cover over-allotments.
- 06/30/2020
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Analysts Offer Insights on Technology Companies: AAR (NYSE: AIR), II-VI (NASDAQ: IIVI) and Paypal Holdings (NASDAQ: PYPL) - Markets
- There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AAR (AIR
- 06/30/2020
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NASA wants SLS rocket boosters for 6 more Artemis missions
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II-VI: Growth At A Reasonable Price
- II-VI's recent quarter highlights its solid progress in unlocking FNSR synergies while capitalizing on key growth drivers like 5G. Vertically integrated model i
- 06/30/2020
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UPDATED - II-VI Incorporated Licenses Technology for Silicon Carbide Devices and Modules for Power Electronics
- PITTSBURGH, June 29, 2020 -- II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE:.
- 06/29/2020
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II-VI Incorporated Licenses Technology for Silicon Carbide Devices and Modules for Power Electronics
- PITTSBURGH, June 29, 2020 -- II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE:.
- 06/29/2020
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NASA explosion: Watch the space agency's SLS rocket burst in 'tremendous' failure test
- NASA'S Space Launch System or SLS suffered a spectacular failure during a liquid oxygen tank stress test, causing the vessel to burst at the seams.
- 06/29/2020
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Artemis Space Launch System structural testing has been completed
- NASA has announced that on June 24, engineers completed the Space Launch System (SLS) rocket’s structural testing process for the Artemis lunar mission. The testing process was specifically f…
- 06/29/2020
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NASA's mission to the moon is about far more than cost
- Decisions about what systems the U.S. will deploy to the moon and Mars do not easily boil down to a simplistic cost equation.
- 06/26/2020
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II-VI Incorporated (NASDAQ: IIVI) Q3 2020 Earnings Call Transcript | AlphaStreet
- II-VI Incorporated (NASDAQ: IIVI) Q3 2020 Earnings Conference Call Final Transcript
- 06/25/2020
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$0.62 EPS Expected for II-VI, Inc. (NASDAQ:IIVI) This Quarter
- Brokerages expect II-VI, Inc. (NASDAQ:IIVI) to post $0.62 earnings per share for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for II-VI’s earnings. The highest EPS estimate is $0.70 and the lowest is $0.37. II-VI reported earnings per share of $0.67 in the same quarter last year, which suggests a negative […]
- 06/25/2020
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Brokerages Expect II-VI, Inc. (NASDAQ:IIVI) Will Announce Quarterly Sales of $679.40 Million
- Analysts predict that II-VI, Inc. (NASDAQ:IIVI) will announce $679.40 million in sales for the current fiscal quarter, Zacks reports. Six analysts have made estimates for II-VI’s earnings. The highest sales estimate is $690.28 million and the lowest is $675.00 million. II-VI posted sales of $362.73 million in the same quarter last year, which would indicate […]
- 06/24/2020
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CW-WDM MSA Group Forms to Drive New Industry Standard for Optical Laser Sources
- The CW-WDM MSA (Continuous-Wave Wavelength Division Multiplexing Multi-Source Agreement) Group today announced its formation as an industry consortium
- 06/24/2020
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Royce Investment Partners Commentary: 4 Deep Value Picks for a Recovering Market
- We recently asked Lead Portfolio Manager Bill Hench, Assistant PMs Suzanne Franks and Rob Kosowsky, and Analyst Adam Mielnik to discuss four holdings in their opportunistic Deep Value Strategy Continue reading...
- 06/23/2020
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Charting a bullish summer start, Nasdaq takes flight to record territory
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, on balance, despite increasingly uneven market price action, writes...
- 06/23/2020
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Hedge Funds Are Nibbling On II-VI, Inc. (IIVI)
- In this article you are going to find out whether hedge funds think II-VI, Inc. (NASDAQ:IIVI) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
- 06/22/2020
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Insider Selling: II-VI, Inc. (NASDAQ:IIVI) Director Sells $690,635.00 in Stock
- II-VI, Inc. (NASDAQ:IIVI) Director Francis J. Kramer sold 14,500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $47.63, for a total value of $690,635.00. Following the completion of the sale, the director now owns 203,049 shares of the company’s stock, […]
- 06/19/2020
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Vanguard Scottsdale Funds Vanguard Short Term Treasury ETF : Announces Cash Distributions for the ETFs (VUN, VUS, VIU, VI and VXC) | MarketScreener
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Better Buy: Micron Technology vs. Lumentum | The Motley Fool
- Are memory chips better bets than optical chips and lasers?
- 06/17/2020
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Telecom and Chip Equipment Capex Could Get a Boost from New Spending Bills
- A planned infrastructure bill reportedly includes some funds for 5G and rural broadband spending, while another bill seeks to boost U.S. chip manufacturing capex.
- 06/17/2020
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Charting a successful technical test, S&P 500 maintains major support
- Technically speaking, the U.S. benchmarks’ bullish bigger-picture backdrop has thus far weathered a mid-June market whipsaw, writes Michael Ashbaugh.
- 06/16/2020
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Hauser and Wirth Opens Up Its Website to Host an Indie Art Fair That Had to Cancel Its Basel Edition | artnet News
- The move is the latest effort by a mega-gallery to host struggling smaller upstarts online—and gain additional eyeballs in the process.
- 06/16/2020
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Saint-Gobain Ceramics & Plastics Settles Lawsuit with II-VI Incorporated
- Saint-Gobain Ceramics & Plastics, Inc. settles large sheet sapphire patent dispute. II-VI Inc. dismisses challenge, agrees to license patents from SG
- 06/15/2020
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Is II-VI Incorporated (IIVI) Stock a Solid Choice Right Now?
- II-VI Incorporated (IIVI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/12/2020
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Near-Term Outlook Bright for Manufacturing-Electronics Stocks
- Near-Term Outlook Bright for Manufacturing-Electronics Stocks
- 06/11/2020
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Plug Power (PLUG) Looks Good: Stock Adds 11.1% in Session
- Plug Power (PLUG) saw a big move last session, as its shares jumped more than 11% on the day, amid huge volumes.
- 06/11/2020
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Top Ranked Momentum Stocks to Buy for June 10th
- Top Ranked Momentum Stocks to Buy for June 10th
- 06/10/2020
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Charting a break to ‘clear skies’ territory, Nasdaq approaches 10,000 mark
- Technically speaking, the major U.S. benchmarks have taken flight to start June, rising amid distinctly bullish bigger-picture price action, writes Michael...
- 06/09/2020
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10 Biggest Price Target Changes For Tuesday
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Needham Maintains Buy on II-VI, Raises Price Target to $57
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Stocks That Hit 52-Week Highs On Monday
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Why II-VI Shares Rose 38% Last Month
- The maker of industrial laser components and systems is enjoying strong order volumes during the COVID-19 crisis.
- 06/08/2020
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Huawei tiene un año y medio para encontrar alternativas tras las nuevas restricciones que EEUU ha impuesto a sus proveedores de chips, según un analista
- Huawei tiene hasta un año y medio para encontrar alternativas al nuevo veto de EEUU a sus proveedores de componentes y chips, según un analista de Forrester Research
- 06/08/2020
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Huawei Employees See Dire Threat to Future From Latest Trump Salvo
- (Bloomberg) -- The Trump administration has fired multiple salvos against Huawei Technologies Co. since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.Huawei’s leafy campus in southern China has been engulfed in a state of emergency since the Commerce Department in May banned the sale of any silicon made with U.S. know-how -- striking at the heart of its semiconductor apparatus and aspirations in fields from artificial intelligence to mobile services. Its stockpiles of certain self-designed chips essential to telecom equipment will run out by early 2021, according to people familiar with the matter.Executives scurried between meetings in the days after the latest restrictions, according to one person who attended the discussions. But the company has so far failed to brainstorm a solution to the curbs, they added, asking not to be identified talking about private matters. While Huawei can buy off-the-shelf or commodity mobile chips from a third party like Samsung Electronics Co. or MediaTek Inc., it couldn’t possibly get enough and may have to make costly compromises on performance in basic products, they added.What Huawei’s brass fears is that Washington, after a year of Entity List sanctions that’ve failed to significantly curtail the company’s rapid growth, has finally figured out how to quash its ambitions. The latest curbs are the culmination of a concerted assault against China’s largest tech company that began years ago, when the White House tried to cut off the flow of American software and circuitry; lobbied allies from the U.K. to Australia to banish its network gear; even persuaded Canadian police to lock up the founder’s daughter. The latest measures however are a more surgical strike leveled at HiSilicon, the secretive division created 16 years ago to drive research into cutting-edge fields like AI inference chips. That unit surged in prominence precisely because it’s viewed as a savior in an era of American containment, and its silicon now matches rivals’ like Qualcomm Inc.’s and powers many of Huawei’s products: the Kirin for phones, Ascend for AI and Kunpeng for servers.Now that ambition is in doubt. Every chipmaker on the planet, from Taiwan Semiconductor Manufacturing Co. to China’s own Semiconductor Manufacturing International Corp., needs gear from American outfits like Applied Materials Inc. to fabricate chipsets. Should Washington get serious about throttling that spigot, Huawei won’t be able to get any of the advanced silicon it designs into the real world -- stymieing efforts to craft its own processors for mobile devices and radio frequency chips for 5G base stations, to name just two of the most vital in-house components. Dubbed the Foreign-Produced Direct Product Rule or DPR, Trump’s latest constraints have implications for China’s 5G rollout, for which Huawei is by far the dominant purveyor.The ban “focuses on HiSilicon-designed chips, which present the biggest threat to the U.S.,” Jefferies analyst Edison Lee wrote in late May. “The DPR could quash HiSilicon and then Huawei’s ability to make 5G network gears.”Read more: U.S.-China Fight Over Chip Kingpin Rattles Tech IndustryThe scene at Huawei’s Shenzhen nerve center invokes deja vu from a year ago, when Huawei billionaire Ren Zhengfei emerged from seclusion to declare his company’s survival in doubt. In the months following that proclamation, two things happened. U.S. companies, spooked by the prospect of losing billions, lobbied Washington for exceptions to the Entity List and suppliers from Intel Corp. to Micron Technology Inc. relocated assembly to increase foreign-produced components and continue supplying the Chinese company. Huawei employees -- spurred on by patriotism given perceptions the nation was under attack -- went to 24-hour days to design alternatives to American parts.The latest curbs could prove more effective because they remove Huawei’s chipmaker of choice from the equation. In theory, any chipmaker can petition the Commerce department for approval to ship Huawei-designed semiconductors, and opinion is divided on both sides of the Pacific as to how far the agency will allow shipments to proceed. But if it chooses to enforce the new curbs to the hilt, HiSilicon can no longer take its designs to TSMC or any foreign contract manufacturer. And local peers such as SMIC typically operate two generations behind TSMC.In fact, the latest curbs could severely disrupt production of some of the more critical and visible products in Huawei’s portfolio, including the Kirin brains and communications chips of future 5G phones, AI learning chips for its cloud services and servers and the most basic kinds of chips for networking. In February, Huawei touted how its next-generation antenna chips have been installed in “the industry’s highest-performance” 5G base stations. It may no longer able to ship those base stations after the chip inventory runs out.“HiSilicon won’t be able to continue its innovation any further until it’s able to find alternatives through self-development and collaboration with local ones, which will take years to mature,” said Charlie Dai, a principal analyst at Forrester Research. “We estimate that Huawei’s inventory of high-end chips (including baseband chips and CPUs for Huawei’s high-end smartphones) may last 12 to 18 months maximum.”Read about how Trump’s blacklisting of Huawei failed to halt its growth.Modern chip manufacturing at the highest levels simply cannot happen without American gear from the likes of Applied Materials, KLA Corp. and Lam Research Corp. Even in basic wafer fabrication, replacing TSMC is impossible because the Taiwanese foundry is the only company able to reliably make semiconductors using 7 nanometer or smaller nodes -- a must for high performance. Moving everything in-house -- essentially building an American-free plant -- is a pipe dream because it requires extreme ultraviolet lithography machines from ASML Holding NV -- a prerequisite for next-generation chipmaking. Yet ASML’s machines also use American technology from the likes of suppliers such as II-VI Inc. and Lumentum Holdings Inc, according to data compiled by Bloomberg. The best Chinese alternative could be Shanghai Micro Electronics Equipment, but its EUVs are again a few generations behind the Dutch firm’s.All that’s even before factoring in the uncertainty over Huawei’s access to design software developed by Cadence Design Systems Inc. and Synopsys Inc. The pair provide electronic design automation (EDA) tools that Hisilicon’s engineers rely on to draw up blueprints for next-generation processors. As Assistant Secretary of State for International Security and Nonproliferation Christopher Ford told reporters in late May: “If one wants to be working in the area of the very best chips, the chips that have the most computing power packed into the smallest space, it is necessary to use U.S. design tools right now because we have a commanding comparative advantage in that area.”“While there will be lots of opportunity to continue selling lesser quality chips to Huawei, this will be an additional challenge for the really good stuff,” he added.How Huawei Landed at the Center of Global Tech Tussle: QuickTakeIn the long run, the lack of consistent in-house chip supplies will disrupt China’s grand ambition of challenging the U.S. for global tech supremacy. More immediately, they threaten to curtail China’s crucial $500 billion 5G rollout -- a key piece of Beijing’s longer-term strategic vision.Huawei stands at the center of Beijing’s $1.4 trillion New Infrastructure initiative to seize the lead in 5G-based technology. Now it’s uncertain if it can even fulfill the 90-plus contracts it’s won so far to build networks for local operators like China Mobile Ltd. and other carriers around the world. That’s because HiSilicon’s chips are essential in products waiting to be shipped out. The uncertainty of not just fulfilling contracts -- but also around Huawei’s very ability to maintain clients’ networks once they’re up and running -- may also spook potential future customers.Internally, executives remain hopeful of finding a workaround, and are repeating the same mantra of a year ago -- doing without American technology isn’t impossible. “The good news is we still have time,” said one person involved in Huawei’s supply chain management. Chip architecture and supply “redesign takes time, but not something that can’t be done.”(Updates with table of Huawei’s chipmaking options after the tenth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/08/2020
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Huawei troops see dire threat to future from latest Trump salvo
- (June 8): The Trump administration has fired multiple salvos against Huawei Technologies Co. since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.
- 06/08/2020
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Huawei Troops See Dire Threat to Future From Latest Trump Salvo
- (Bloomberg) -- The Trump administration has fired multiple salvos against Huawei Technologies Co. since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.Huawei’s leafy campus in southern China has been engulfed in a state of emergency since the Commerce Department in May banned the sale of any silicon made with U.S. know-how -- striking at the heart of its semiconductor apparatus and aspirations in fields from artificial intelligence to mobile services. Its stockpiles of certain self-designed chips essential to telecom equipment will run out by early 2021, according to people familiar with the matter.Executives scurried between meetings in the days after the latest restrictions, according to one person who attended the discussions. But the company has so far failed to brainstorm a solution to the curbs, they added, asking not to be identified talking about private matters. While Huawei can buy off-the-shelf or commodity mobile chips from a third party like Samsung Electronics Co. or MediaTek Inc., it couldn’t possibly get enough and may have to make costly compromises on performance in basic products, they added.What Huawei’s brass fears is that Washington, after a year of Entity List sanctions that’ve failed to significantly curtail the company’s rapid growth, has finally figured out how to quash its ambitions. The latest curbs are the culmination of a concerted assault against China’s largest tech company that began years ago, when the White House tried to cut off the flow of American software and circuitry; lobbied allies from the U.K. to Australia to banish its network gear; even persuaded Canadian police to lock up the founder’s daughter. The latest measures however are a more surgical strike leveled at HiSilicon, the secretive division created 16 years ago to drive research into cutting-edge fields like AI inference chips. That unit surged in prominence precisely because it’s viewed as a savior in an era of American containment, and its silicon now matches rivals’ like Qualcomm Inc.’s and powers many of Huawei’s products: the Kirin for phones, Ascend for AI and Kunpeng for servers.Now that ambition is in doubt. Every chipmaker on the planet, from Taiwan Semiconductor Manufacturing Co. to China’s own Semiconductor Manufacturing International Corp., needs gear from American outfits like Applied Materials Inc. to fabricate chipsets. Should Washington get serious about throttling that spigot, Huawei won’t be able to get any of the advanced silicon it designs into the real world -- stymieing efforts to craft its own processors for mobile devices and radio frequency chips for 5G base stations, to name just two of the most vital in-house components. Dubbed the Foreign-Produced Direct Product Rule or DPR, Trump’s latest constraints have implications for China’s 5G rollout, for which Huawei is by far the dominant purveyor.The ban “focuses on HiSilicon-designed chips, which present the biggest threat to the U.S.,” Jefferies analyst Edison Lee wrote in late May. “The DPR could quash HiSilicon and then Huawei’s ability to make 5G network gears.”Read more: U.S.-China Fight Over Chip Kingpin Rattles Tech IndustryThe scene at Huawei’s Shenzhen nerve center invokes deja vu from a year ago, when Huawei billionaire Ren Zhengfei emerged from seclusion to declare his company’s survival in doubt. In the months following that proclamation, two things happened. U.S. companies, spooked by the prospect of losing billions, lobbied Washington for exceptions to the Entity List and suppliers from Intel Corp. to Micron Technology Inc. relocated assembly to increase foreign-produced components and continue supplying the Chinese company. Huawei employees -- spurred on by patriotism given perceptions the nation was under attack -- went to 24-hour days to design alternatives to American parts.The latest curbs could prove more effective because they remove Huawei’s chipmaker of choice from the equation. In theory, any chipmaker can petition the Commerce department for approval to ship Huawei-designed semiconductors, and opinion is divided on both sides of the Pacific as to how far the agency will allow shipments to proceed. But if it chooses to enforce the new curbs to the hilt, HiSilicon can no longer take its designs to TSMC or any foreign contract manufacturer. And local peers such as SMIC typically operate two generations behind TSMC.In fact, the latest curbs could severely disrupt production of some of the more critical and visible products in Huawei’s portfolio, including the “Kirin” brains and communications chips of future 5G phones, AI learning chips for its cloud services and servers and the most basic kinds of chips for networking. In February, Huawei touted how its next-generation antenna chips have been installed in “the industry’s highest-performance” 5G base stations. It may no longer able to ship those base stations after the chip inventory runs out.“HiSilicon won’t be able to continue its innovation any further until it’s able to find alternatives through self-development and collaboration with local ones, which will take years to mature,” said Charlie Dai, a principal analyst at Forrester Research. “We estimate that Huawei’s inventory of high-end chips (including baseband chips and CPUs for Huawei’s high-end smartphones) may last 12 to 18 months maximum.”Read about how Trump’s blacklisting of Huawei failed to halt its growth.Modern chip manufacturing at the highest levels simply cannot happen without American gear from the likes of Applied Materials, KLA Corp. and Lam Research Corp. Even in basic wafer fabrication, replacing TSMC is impossible because the Taiwanese foundry is the only company able to reliably make semiconductors using 7 nanometer or smaller nodes -- a must for high performance. Moving everything in-house -- essentially building an American-free plant -- is a pipe dream because it requires extreme ultraviolet lithography machines from ASML Holding NV -- a prerequisite for next-generation chipmaking. Yet ASML’s machines also use American technology from the likes of suppliers such as II-VI Inc. and Lumentum Holdings Inc, according to data compiled by Bloomberg. The best Chinese alternative could be Shanghai Micro Electronics Equipment, but its EUVs are again a few generations behind the Dutch firm’s.All that’s even before factoring in the uncertainty over Huawei’s access to design software developed by Cadence Design Systems Inc. and Synopsys Inc. The pair provide electronic design automation (EDA) tools that Hisilicon’s engineers rely on to draw up blueprints for next-generation processors. As Christopher Ford, Assistant Secretary of State for International Security and Nonproliferation, told reporters in late May: “If one wants to be working in the area of the very best chips, the chips that have the most computing power packed into the smallest space, it is necessary to use U.S. design tools right now because we have a commanding comparative advantage in that area.”“While there will be lots of opportunity to continue selling lesser quality chips to Huawei, this will be an additional challenge for the really good stuff,” he added.How Huawei Landed at the Center of Global Tech Tussle: QuickTakeIn the long run, the lack of consistent in-house chip supplies will disrupt China’s grand ambition of challenging the U.S. for global tech supremacy. More immediately, they threaten to curtail China’s crucial $500 billion 5G rollout -- a key piece of Beijing’s longer-term strategic vision.Huawei stands at the center of Beijing’s $1.4 trillion New Infrastructure initiative to seize the lead in 5G-based technology. Now it’s uncertain if it can even fulfill the 90-plus contracts it’s won so far to build networks for local operators like China Mobile Ltd. and other carriers around the world. That’s because HiSilicon’s chips are essential in products waiting to be shipped out. The uncertainty of not just fulfilling contracts -- but also around Huawei’s very ability to maintain clients’ networks once they’re up and running -- may also spook potential future customers.Internally, executives remain hopeful of finding a workaround, and are repeating the same mantra of a year ago -- doing without American technology isn’t impossible. “The good news is we still have time,” said one person involved in Huawei’s supply chain management. Chip architecture and supply “redesign takes time, but not something that can’t be done.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/07/2020
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Stocks That Hit 52-Week Highs On Friday
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Stocks That Hit 52-Week Highs On Wednesday
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S&P 500 sustains key technical breakout amid bullish market rotation
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop continues to strengthen amid market rotation, writes Michael Ashbaugh.
- 06/02/2020
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II-VI Looking To Flex Newly-Bought Muscle In Multiple Growth Markets (NASDAQ:IIVI)
- II-VI beat expectations for fiscal Q3 and raised guidance for the next quarter on strong transceiver demand (datacom and telecom) as well as strong initial Fini
- 05/28/2020
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II-VI Incorporated to Participate in Piper Sandler Webcast on “The Rise of Silicon Carbide” on May 29
- PITTSBURGH, May 27, 2020 -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will.
- 05/27/2020
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Charting a bull-flag breakout, S&P 500 ventures atop 200-day average
- Technically speaking, the S&P 500 has cleared major resistance, rising to a potentially consequential test of its 200-day moving average, writes Michael...
- 05/26/2020
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Covid-19 Impact on Thermoelectric Generator Market Size, Historical Analysis, Competitive Landscape, Revenue, Gross Margin Research Report by Forecast 2022
- May 25, 2020 (Heraldkeepers) --
Market Research Future published a research report on "Covid-19 Impact on Thermoelectric Generator Market Research Report –...
- 05/25/2020
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4 Noteworthy Things Recently Shared By Roku, PayPal and Other Internet Companies
- Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.
- 05/21/2020
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Charting a headline breakout attempt, S&P 500 nails major resistance (2,954)
- Technically speaking, the S&P 500 has once again nailed major resistance (2,954) — for the third time in as many weeks — placing a potentially consequential...
- 05/19/2020
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Shares of several companies in the broader technology sector are trading higher. Positive catalysts include recent vaccine developments as well as increased usage in some software programs as a result of the work-from-home environment.
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Surging Earnings Estimates Signal Good News for II-VI (IIVI)
- II-VI (IIVI) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
- 05/19/2020
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II-VI Incorporated Determines Effects of Recent U.S. Commerce Department Rule
- II-VI Incorporated (IIVI), a global leader in engineered materials and optoelectronic components, today shared the results of its analysis of the U.S. Commerce Department’s recent interim rule that applies to Huawei and its affiliates. The Commerce Department placed Huawei and its affiliates on the Entity List effective May 16, 2019, restricting trade from the United States. The company believes that the Commerce Department’s new rule will have no to minimal impact on the company’s sales or prospects.
- 05/18/2020
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II-VI Incorporated Determines Effects of Recent U.S. Commerce Department Rule
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Here's Why Synaptics, II-VI, and NeoPhotonics Crashed on Friday
- The sanctions against Chinese tech giant Huawei were extended for another year, undermining investors' hopes of an improved component flow from American suppliers.
- 05/15/2020
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Will II-VI (IIVI) Gain on Rising Earnings Estimates?
- II-VI (IIVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/15/2020
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Top Ranked Momentum Stocks to Buy for May 15th
- Top Ranked Momentum Stocks to Buy for May 15th
- 05/15/2020
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II-VI Incorporated (IIVI) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in II-VI Incorporated (IIVI).
- 05/15/2020
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Shares of several technology companies are trading lower for the session amid US-China tensions after the US announced plans to block chip shipments to China's Huawei, negatively impacting names in the chip sector. Equities across sectors are lower for the session following a record drop in US retail sales.
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Cisco and Others Have Been Making Positive Comments About Carrier Spending
- Telcos and cable companies appear to be stepping up their capital spending as COVID-19 lockdowns lead network traffic to spike.
- 05/14/2020
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Front Street Capital Management, Inc. Buys Envista Holdings Corp, Vanguard S&P 5……, ...
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Earnings Beat Propels II-VI; RS Rating Rises To 92
- II-VI had its Relative Strength (RS) Rating upgraded from 81 to 92 Wednesday. On Tuesday, the company announced quarterly earnings of $0.47 per share, beating estimates of $0.15 per share. This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against all other stocks in our database.
- 05/13/2020
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II-VI Incorporated to Participate in the 15th Annual Needham Technology & Media Conference on May 19
- PITTSBURGH, May 13, 2020 -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will.
- 05/13/2020
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84 Biggest Movers From Yesterday
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Here's Why Shares of II-VI Skyrocketed 24% Today
- Shares of II-VI (NASDAQ: IIVI), an industrial laser company, were surging on Tuesday after the company released its fiscal third-quarter 2020 results after the bell Monday. As of 3:04 p.m. EDT, II-VI's share price was up 24.1%. In the quarter, which ended March 31, II-VI's revenue increased by 83% to $627 million.
- 05/12/2020
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60 Stocks Moving In Tuesday's Mid-Day Session
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Canaccord Genuity Maintains Buy on II-VI, Raises Price Target to $52
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II-VI stock surges toward best day since 2000
- Shares of optoelectronics company II-VI Inc. undefined are up more than 26% in Tuesday trading after the company easily topped expectations with its...
- 05/12/2020
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II-VI stock surges toward best day since 2000
- Shares of optoelectronics company II-VI Inc. are up more than 26% in Tuesday trading after the company easily topped expectations with its March-quarter results. The stock is on track for its largest single-day percentage gain since Aug. 18, 2000, when it gained nearly 67%. II-VI posted 47 cents in adjusted earnings per share on revenue of $627 million, while analysts surveyed by FactSet had been modeling 14 cents in adjusted EPS and $575.7 million in revenue. "While margins took center stage in the upside FQ3 surprise, strong bookings in the communication market suggest a longer tail to the current investment cycle," wrote Needham's James Ricchiuti, who rates II-VI's stock at buy and raised his price target to $52 from $40. "The integration of the Finisar acquisition is tracking ahead of expectations. Finally, II-VI has navigated through the COVID-19 disruption better than anticipated." II-VI shares have added 21% over the past three months as the S&P; 500 has declined 13%.
- 05/12/2020
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Stocks That Hit 52-Week Highs On Tuesday
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10 Biggest Price Target Changes For Tuesday
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32 Stocks Moving in Tuesday's Pre-Market Session
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Edited Transcript of IIVI earnings conference call or presentation 11-May-20 8:30pm GMT
- Q3 2020 II-VI Inc Earnings Call
- 05/12/2020
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U.S. RESEARCH ROUNDUP-Digital Realty Trust, Pilgrims Pride, Terraform Power
- Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Digital Realty Trust, Pilgrims Pride and Terraform Power,
on Tuesday.
HIGHLIGHTS
* Digital Realty Trust Inc : Citigroup cuts neutral from buy
* Pilgrims Pride Corp : Stephens raises to overweight from equal-weight
* Terraform Power Inc : RBC raises target price to $19 from $16
* Zimmer Biomet Holdings Inc : SunTrust Robinson raises TP to $132 from $125
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order.
* Acceleron pharma Inc : Cowen and Company raises price target to $121 from $109
* Albemarle Corp : Citigroup raises price target to $59 from $49
* Alphabet Inc : Citigroup raises price target to $1600 from $1400
* Amag Pharmaceuticals Inc : Cowen and Company cuts price target to $5 from $9
* AMN Healthcare Services Inc : Credit Suisse cuts target price to $62 from $81
* Amneal Pharmaceuticals Inc : SVB Leerink raises target price to $4 from $3
* Arbor Realty Trust Inc : KBW raises target price to $8 from $6
* Arch Capital Group Ltd : KBW cuts target price to $36 from $39
* Autonation Inc : JP Morgan raises target price to $40 from $37
* Avaya Holdings Corp : Citigroup raises price target to $13 from $8
* Bancorp Inc : Piper Sandler cuts target price to $11 from $12
* Bloom Energy Corp : Cowen and Company raises price target to $8 from $6
* Bluebird Bio Inc : Piper Sandler cuts target price to $70 from $75
* Bluebird Bio Inc : SVB Leerink raises target price to $137 from $135
* Cable One Inc : Keybanc raises target price to $2,105 from $1,968
* Caesars Entertainment Corp : Jefferies raises target price to $10 from $7
* Cardinal Health Inc : Mizuho raises target price to $56 from $50
* Ceridian Hcm Holding Inc : Citigroup raises price target to $77 from $64
* Ceva Inc : Cowen and Company raises price target to $40 from $37
* Choice Hotels International Inc : Jefferies raises target price to $70 from $60
* Choice Hotels International Inc : JP Morgan cuts target price to $59 from $85
* Choice Hotels International Inc : SunTrust Robinson raises TP to $67 from $66
* Cleveland-Cliffs Inc : Citigroup raises price target to $5 from $3.5
* CNA Financial Corp : KBW cuts target price to $35 from $36
* Continental Resources Inc : Susquehanna raises target price to $12 from $10
* Cornerstone Ondemand Inc : D.A. Davidson cuts target price to $40 from $64
* Cornerstone Ondemand Inc : RBC raises target price to $37 from $33
* Crinetics Pharmaceuticals Inc : SVB Leerink cuts target price to $39 from $43
* Cushman & Wakefield Plc : Citigroup cuts price target to $12 from $21
* Cytokinetics Inc : Needham raises price target to $34 from $24
* Cytokinetics Inc : Piper Sandler raises target price to $28 from $22
* Datadog Inc : Credit Suisse raises target price to $55 from $45
* Datadog Inc : Jefferies raises target price to $59 from $39
* Datadog Inc : JP Morgan raises target price to $65 from $60
* DCP Midstream LP : Credit Suisse raises target price to $9 from $7
* Dicerna Pharmaceuticals Inc : Citigroup cuts price target to $32 from $35
* Digital Realty Trust Inc : Citigroup cuts neutral from buy
* Digital Realty Trust Inc : Citigroup raises price target to $150 from $140
* Eagle Pharmaceuticals Inc : Piper Sandler raises target price to $50 from $47
* eBay Inc : CFRA cuts to sell from hold; cuts target price by $2 to $35
* Eldorado Resorts Inc : Jefferies raises target price to $38 from $29
* Eloxx Pharmaceuticals Inc : Canaccord Genuity cuts target price to $6 from $17
* Evelo Biosciences Inc : Jefferies cuts target price to $6 from $18
* Evolus Inc : SunTrust Robinson cuts target price to $12 from $18
* Fate Therapeutics Inc : Jefferies raises target price to $37 from $36
* First Guaranty Bancshares Inc : Piper Sandler cuts target price to $14 from $22
* Genpact Ltd : Cowen and Company raises target price to $41 from $39
* Golub Capital BDC Inc : KBW cuts target price to $13.5 from $16
* Green Dot Corp : BTIG raises target price to $40 from $35
* Green Dot Corp : Jefferies raises target price to $32 from $27
* Grocery Outlet Holding Corp : Jefferies raises target price to $52 from $51
* IAC/InterActiveCorp : Citigroup raises price target to $285 from $240
* Ii-Vi Inc : D.A. Davidson raises target price to $45 from $40
* Ii-Vi Inc : Piper Sandler raises target price to $54 from $40
* Intercept Pharmaceuticals Inc : Raymond James cuts target price to $145 from $148
* Intersect Ent Inc : Piper Sandler cuts target price to $14 from $23
* Kvh Industries Inc : Raymond James cuts target price to $10 from $12
* Linde Plc : Citigroup raises price target to $216 from $209
* Livent Corp : Credit Suisse cuts target price to $5 from $6
* Macrogenics Inc : Credit Suisse raises target price to $30 from $13
* Magellan Health Inc : Jefferies raises target price to $85 from $81
* Marriott : JP Morgan cuts target price to $88 from $129
* Mustang Bio Inc : Oppenheimer cuts target price to $13 from $15
* Myokardia Inc : Citigroup raises price target to $125 from $87
* Myokardia Inc : Wedbush raises target price to $127 from $90
* ON Semiconductor Corp : Needham raises price target to $20 from $17
* Park Hotels & Resorts Inc : Jefferies cuts target price to $9 from $10
* Paycom Software Inc : Citigroup raises price target to $315 from $262
* Paylocity Holding Corp : Citigroup raises price target to $124 from $94
* Pennymac Mortgage Investment Trust : KBW raises target price to $11.5 from $10
* Pilgrims Pride Corp : Stephens raises to overweight from equal-weight
* Pilgrims Pride Corp : Stephens raises target price to $28 from $20
* PRA Group Inc : KBW raises target price to $42 from $35
* Purple Innovation Inc : Keybanc raises target price to $16 from $12
* Purple Innovation Inc : Raymond James raises target price to $16 from $10
* Rattler Midstream LP : Simmons Energy raises target price to $8 from $5
* Ready Capital Corp : Piper Sandler raises target price to $10 from $8
* Scientific Games Corp : JP Morgan cuts target price to $11 from $25
* Seaworld Entertainment Inc : Keybanc raises target price to $19 from $17
* Select Energy Services Inc : Citigroup raises price target to $5.5 from $3
* SS&C Technologies Holdings Inc : Citigroup raises price target to $67 from $50
* Synchronoss Technologies : Canaccord Genuity cuts target price to $10 from $13
* Targa Resources Corp : Simmons Energy raises target price to $13 from $8
* Tenet Healthcare Corp : Raymond James cuts target price to $40 from $48
* Terraform Power Inc : RBC raises target price to $19 from $16
* Terreno Realty Corp : Stifel cuts target price to $56 from $60
* Tilray Inc : Cowen and Company cuts target price to $9 from $15
* T-Mobile US Inc : Citigroup raises price target to $115 from $103
* Trade Desk Inc : Citigroup raises price target to $320 from $240
* Under Armour Inc : JP Morgan cuts target price to $8 from $9
* Under Armour Inc : Keybanc cuts target price to $16 from $23
* Under Armour Inc : Piper Sandler cuts target price to $10 from $11
* Under Armour Inc : Susquehanna cuts target price to $4 from $6
* Under Armour Inc : Telsey Advisory Group cuts target price to $8 from $9
* Under Armour Inc : Wedbush cuts target price to $10 from $11
* Western Midstream Partners LP : Citigroup cuts price target to $7 from $23
* Williams Companies Inc : Credit Suisse cuts to neutral from outperform
* Xenia Hotels & Resorts Inc : Jefferies cuts target price to $8.50 from $11
* Zillow Group Inc : Stephens raises target price to $68 from $48
* Zimmer Biomet Holdings Inc : Canaccord Genuity raises TP to $137 from $135
* Zimmer Biomet Holdings Inc : Citigroup raises price target to $140 from $125
* Zimmer Biomet Holdings Inc : Needham cuts target price to $148 from $153
* Zimmer Biomet Holdings Inc : Piper Sandler cuts target price to $160 from $175
* Zimmer Biomet Holdings Inc : SunTrust Robinson raises TP to $132 from $125
(Compiled by Bengaluru Newsroom)
- 05/12/2020
|
II VI Incorporated (IIVI) Q3 2020 Earnings Call Transcript
- Ladies and gentlemen, thank you for standing by, and welcome to the II-VI Incorporated FY '20 Third Quarter Earnings Call. With me today on the call is Dr. Chuck Mattera, our Chief Executive Officer; and Dr. Giovanni Barbarossa, our Chief Strategy Officer and the President of the Compound Semiconductors segment.
- 05/12/2020
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JP Morgan Maintains Overweight on II-VI, Raises Price Target to $53
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II-VI Incorporated (IIVI) CEO Chuck Mattera on Q3 2020 Results - Earnings Call Transcript
- II-VI Incorporated (NASDAQ:IIVI) Q3 2020 Earnings Conference Call May 11, 2020 4:30 p.m. ET Company Participants Mary Jane Raymond - CFO Chuck Mattera - CEO Gio
- 05/11/2020
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II-VI (IIVI) Beats Q3 Earnings and Revenue Estimates
- II-VI (IIVI) delivered earnings and revenue surprises of 213.33% and 8.44%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/11/2020
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14 Stocks Moving In Monday's After-Hours Session
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II-VI Incorporated Reports Fiscal 2020 Third Quarter Results Achieves Record Bookings and Backlog
- Record Bookings of $840 million and Record Backlog at $893 millionQuarterly Revenue of $627.0 million Quarterly GAAP Operating Income of $69.0 millionQuarterly Non-GAAP.
- 05/11/2020
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Earnings Scheduled For May 11, 2020
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II-VI shares are trading higher after the company reported better-than-expected Q3 sales results.
|
Mastrapasqua Asset Management Inc Buys II-VI Inc, Ciena Corp, Skyworks Solutions Inc, Sells ...
|
II-VI Incorporated to Participate in the 48th Annual J.P. Morgan Global Technology, Media, and Communications Conference on May 12
- PITTSBURGH, May 06, 2020 -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will.
- 05/06/2020
|
Does II-VI Incorporated's (NASDAQ:IIVI) CEO Pay Matter?
- Chuck Mattera has been the CEO of II-VI Incorporated (NASDAQ:IIVI) since 2016. First, this article will compare CEO...
- 05/05/2020
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II-VI, Inc. (NASDAQ:IIVI) Given Average Recommendation of "Buy" by Brokerages
- II-VI, Inc. (NASDAQ:IIVI) has been assigned an average rating of “Buy” from the twenty ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a […]
- 05/01/2020
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Shares of several technology companies are trading lower on market weakness as investor uncertainty grows following quarterly earnings results from multiple companies. NOTE: This could potentially be a sell-off after the S&P 500 rallied 12.7% over the past month.
|
CIOE 2020 to Include Leading Optoelectronic Players as Exhibitors
- CIOE 2020 (the 22nd China International Optoelectronic Exposition), the most influential and renowned optoelectronic industry exhibition, will be held as scheduled from September 9 to 11 at the largest exhibition venue Shenzhen World Exhibition and Convention Center. This grand event attracted tremendous
- 04/30/2020
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CIOE 2020 to Include Leading Optoelectronic Players as Exhibitors
- CIOE 2020 (the 22nd China International Optoelectronic Exposition), the most influential and renowned optoelectronic industry exhibition, will be held as scheduled from September 9 to 11 at the largest exhibition venue Shenzhen World Exhibition and Convention Center. This grand event attracted tremendous
- 04/30/2020
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Ii-vi Inc (IIVI) CEO Vincent D Jr Mattera Sold $6'',5…… of Shares
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II-VI Incorporated Wins 2020 Raytheon Supplier Excellence Program Premier Award
- PITTSBURGH, April 29, 2020 -- II‐VI Incorporated (Nasdaq:IIVI), a leader in engineered materials and photonic solutions for aerospace and defense, today announced that it has.
- 04/29/2020
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VCSEL Market Worth $2.9 Billion by 2025 - Exclusive Report by MarketsandMarkets™
- According to the research report "VCSEL Market by Type (Single-mode, Multimode), Material (GaAs, InP, Others), Wavelength, Application (Sensing, Data Communication), Industry (Consumer Electronics, Automotive, Data Center, Commercial & Industrial), and Geography - Global Forecast to 2025",
- 04/29/2020
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II-VI, Inc. (NASDAQ:IIVI) Director Francis J. Kramer Sells 20,000 Shares
- II-VI, Inc. (NASDAQ:IIVI) Director Francis J. Kramer sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $33.05, for a total transaction of $661,000.00. Following the completion of the transaction, the director now directly owns 183,892 shares in the company, valued at […]
- 04/29/2020
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II-VI (NASDAQ:IIVI) Rating Increased to Buy at BidaskClub
- II-VI (NASDAQ:IIVI) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, BidAskClub reports. A number of other research firms have also commented on IIVI. BTIG Research boosted their price target on shares of II-VI from $31.00 to $36.00 and gave […]
- 04/29/2020
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II-VI Incorporated to Webcast FY 2020 Third-Quarter Conference Call
- II-VI Incorporated (IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live webcast and conference call on Monday, May 11, 2020 at 4:30 p.m. EDT. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer, and Mary Jane Raymond, Chief Financial Officer. The third-quarter results will be released after the market closes on Monday, May 11, 2020, and will be posted on the Company’s website at www.ii-vi.com/investor-relations.
- 04/28/2020
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CIOE will be held at the new venue Shenzhen World Exhibition and Convention Center, new spacious venue in a more organized floor plan gives better experience
- As the world's biggest optoelectronic exhibition, China International Optoelectronic Exposition – CIOE has been integrating the entire optoelectronic industry for 21 years. Starting from the 22nd CIOE, it will move to the new venue Shenzhen World Exhibition and Convention Center, where bigger floor
- 04/28/2020
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CIOE will be held at the new venue Shenzhen World Exhibition and Convention Center, new spacious venue in a more organized floor plan gives better experience
- As the world's biggest optoelectronic exhibition, China International Optoelectronic Exposition – CIOE has been integrating the entire optoelectronic industry for 21 years. Starting from the 22nd CIOE, it will move to the new venue Shenzhen World Exhibition and Convention Center, where bigger floor
- 04/28/2020
|
Congress Asset Management Co. MA Trims Stake in II-VI, Inc. (NASDAQ:IIVI)
- Congress Asset Management Co. MA lessened its stake in II-VI, Inc. (NASDAQ:IIVI) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,525 shares of the scientific and technical instruments company’s stock after selling 2,880 shares during the period. Congress Asset Management Co. […]
- 04/23/2020
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How Does II-VI Incorporated (NASDAQ:IIVI) Affect Your Portfolio Volatility?
- Anyone researching II-VI Incorporated (NASDAQ:IIVI) might want to consider the historical volatility of the share...
- 04/21/2020
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II-VI, Inc. (NASDAQ:IIVI) Expected to Post Quarterly Sales of $578.22 Million
- Wall Street analysts expect II-VI, Inc. (NASDAQ:IIVI) to announce $578.22 million in sales for the current quarter, Zacks reports. Six analysts have provided estimates for II-VI’s earnings. The lowest sales estimate is $550.13 million and the highest is $597.50 million. II-VI reported sales of $342.50 million in the same quarter last year, which indicates a […]
- 04/17/2020
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Zacks Investment Research Lowers II-VI (NASDAQ:IIVI) to Hold
- II-VI (NASDAQ:IIVI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday, Zacks.com reports. According to Zacks, “II-VI Incorporated designs, manufactures and markets optical and opto-electronic components, devices and materials for infrared, near-infrared, visible light, x-ray and gamma ray instrumentation. The Company’s infrared optics […]
- 04/17/2020
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IIVI vs. FLOW: Which Stock Is the Better Value Option?
- IIVI vs. FLOW: Which Stock Is the Better Value Option?
- 04/15/2020
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IIVI vs. FLOW: Which Stock Is the Better Value Option?
- IIVI vs. FLOW: Which Stock Is the Better Value Option?
- 04/15/2020
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Shares of several technology companies are trading lower as equities dip amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March.
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II-VI (NASDAQ:IIVI) Price Target Cut to $28.50 by Analysts at B. Riley
- II-VI (NASDAQ:IIVI) had its target price reduced by B. Riley from $31.00 to $28.50 in a report published on Monday, BenzingaRatingsTable reports. B. Riley currently has a neutral rating on the scientific and technical instruments company’s stock. Other research analysts have also issued reports about the stock. Morgan Stanley dropped their price objective on shares […]
- 04/14/2020
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B. Riley FBR Maintains Neutral on II-VI, Lowers Price Target to $28.5
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Larson Financial Group LLC Invests $29,000 in II-VI, Inc. (NASDAQ:IIVI)
- Larson Financial Group LLC bought a new position in II-VI, Inc. (NASDAQ:IIVI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,000 shares of the scientific and technical instruments company’s stock, valued at approximately $29,000. Other hedge funds […]
- 04/10/2020
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Guggenheim Capital LLC Decreases Stock Position in II-VI, Inc. (NASDAQ:IIVI)
- Guggenheim Capital LLC cut its position in II-VI, Inc. (NASDAQ:IIVI) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,945 shares of the scientific and technical instruments company’s stock after selling 482 shares during the period. Guggenheim Capital LLC’s holdings in II-VI were worth […]
- 04/10/2020
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Robecosam Ag Buys Xilinx Inc, Silicon Laboratories Inc, II-VI Inc, Sells Skyworks Solutions ...
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6 Technology Stocks Moving In Thursday's Pre-Market Session
- Gainers
• SailPoint Technologies, Inc. (NYSE:SAIL) stock increased by 4.60% to $16.15 during Thursday's pre-market session. The most recent rating by Needham, on Mar 30,...
- 04/09/2020
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