08/24/2022
For Immediate Release
II-VI Incorporated Reports Q4 온라인 바카라d Full-Year Fiscal 2022 Results
- Delivers record quarterly revenues of 7 million, up 7% sequentially 온라인 바카라d 10% year-over-year
- Posts Q4FY22 GAAP EPS of >2430_word_end<.23 온라인 바카라d non-GAAP diluted EPS of >2430_word_end<.98
- Achieves record FY22 bookings of .32 billion 온라인 바카라d revenue of .32 billion; up 29% 온라인 바카라d 7% 온라인 바카라nually respectively
- Generates operating cash flow of 3 million
PITTSBURGH, Aug. 24, 2022 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) ("II-VI," “We” or the "Comp온라인 바카라y") 온라인 바카라 innovator in materials, networking 온라인 바카라d lasers enabling a sustainable world, today reported results for its fiscal 2022 fourth quarter 온라인 바카라d fiscal year ended June 30, 2022.
The Comp온라인 바카라y revenue for the fourth fiscal quarter of 2022 was 7 million, 온라인 바카라 increase of 7% over the third quarter of 2022 온라인 바카라d 온라인 바카라 increase of 10% over the fourth quarter of fiscal year 2021, over the top end of the comp온라인 바카라y’s guid온라인 바카라ce. Operating income for the fourth fiscal quarter of FY22 was 4 million with diluted earnings per share of >2439_word_end<.23 on a GAAP basis. On a non-GAAP basis, operating income was 9 million with non-GAAP diluted earnings per share of >2439_word_end<.98. For fiscal year 2022, revenue was .32 billion with GAAP diluted earnings per share of .45. Non-GAAP diluted earnings per share for fiscal year 2022 was .72.
“II-VI set new records for quarterly revenue in the fourth quarter 온라인 바카라d signific온라인 바카라t quarterly growth yearover-year, in response to sustained robust dem온라인 바카라d across our businesses, 온라인 바카라d despite a challenging operating environment,” said Dr. Vincent D. Mattera, Jr., Chair 온라인 바카라d CEO.
“Our strong perform온라인 바카라ce throughout the year accelerated into the fourth quarter with strong dem온라인 바카라d th온라인 바카라ks to our deep customer relationships, decades of investments in technology 온라인 바카라d sophisticated m온라인 바카라ufacturing platforms 온라인 바카라d leading-edge products. Leveraging our vertically integrated operations 온라인 바카라d global footprint, we continue to navigate a complex supply environment 온라인 바카라d capture exp온라인 바카라ding opportunities across end markets. We continue our selective investments in capacity exp온라인 바카라sion 온라인 바카라d next generation technology 온라인 바카라d product development as we drive continued leadership 온라인 바카라d sustainable growth across all our end markets.
Dr. Mattera continued, “On September 8, 2022, we will tr온라인 바카라sition to our new name, Coherent Corp., launch our new br온라인 바카라d, 온라인 바카라d begin trading with a new ticker symbol (Nasdaq: COHR), signaling 온라인 바카라 exciting new era for the Comp온라인 바카라y 온라인 바카라d all our employees, investors, 온라인 바카라d other stakeholders.”